When an employer has an obligation to contribute to a multiemployer pension fund, and the fund is underfunded (a deficit between assets and future projected payout obligations), an employer who ceases ...

An underfunded pension plan is a company-sponsored retirement plan with liabilities exceeding its assets. Learn what this means for current and future retirees.

A fully funded pension plan has enough assets to meet all its current and future obligations, ensuring financial security for retirees.

Quincy retirement board changed to increase the discount rate of the city's pension fund. The change could have implications ...

Some still remain though and the Division 296 tax legislation (if passed) will introduce some new problems – annual ...