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Pension
Pension
Pension
Pension
Pension

The following information is about Pension.

Pension Defined

Retirement plan offered by an employer for the benefit of an employee, usually at retirement, through a TRUSTEE who controls the plan ASSETS. (See EMPLOYEE BENEFIT PLAN.)

This definition is in context to Accounting. See more contextual defintions for Pension.


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Companies not doing enough to counter DB pension risk: survey

Published January 7, 2009, 11:23 am, Investment Executive

Many companies around the world have not taken adequate measures to guard against defined benefit (DB) pension risk, according to a new survey released by global human resources consulting firm Hewitt Associates.

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Guernsey: Another Level Of Trust

Published January 7, 2009, 11:15 am, Mondaq

A range of financial services are available on Guernsey but its fiduciary sector is one of the most successful.

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Stock losses leave pensions underfunded by $400 billion

Published January 7, 2009, 10:40 am, Los Angeles Times

WASHINGTON -- The collapse of the stock market last year left corporate pension plans at the largest companies underfunded by $409 billion, reversing a $60 billion pension surplus at the end of 2007, according to a study released today. Shoring up the plans could cause further pain for workers, businesses and the struggling economy at a time when they can least afford it, pension specialists ...

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Pension plan deficit hits record $409 billion for S&P 1500 companies; pension expense may rise to $70 billion in 2009, ...

Published January 7, 2009, 9:38 am, Business Wire via Yahoo! Finance

NEW YORK----The chaos that has been observed in the world’s financial markets over the last 12 months has had a major adverse impact on pension plan funding and will negatively impact corporate earnings in 2009, according to the latest estimates by Mercer.

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Stock Losses Leave Pensions Underfunded by $400 Billion

Published January 7, 2009, 8:14 am, Washington Post

The collapse of the stock market last year left corporate pension plans at the largest companies underfunded by $409 billion, reversing a $60 billion pension surplus at the end of 2007, according to a study released today.

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Skilling convictions upheld; will get resentenced

Published January 7, 2009, 8:13 am, Post-Bulletin

HOUSTON -- A federal appeals court Tuesday upheld former Enron Corp. CEO Jeff Skilling's convictions for his role in the energy giant's collapse but threw out his 24-year prison term and ordered that he be resentenced.

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Pensions Underfunded by $400B

Published January 7, 2009, 7:57 am, Washington Post

Collapse of the stock market reverses a $60 billion pension surplus, according to a new study.

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Hewitt Global Survey Finds that Many Organizations Are Not Doing Enough to Counter Defined Benefit Pension Risk

Published January 7, 2009, 5:00 am, CNW Group via Yahoo! Finance

A new survey released by Hewitt Associates, a global human resources consulting and outsourcing company, reveals that many companies around the world have not taken adequate measures to guard against defined benefit pension risk.

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Feinstein bill to aid local gov"™t

Published January 7, 2009, 2:09 am, San Mateo Daily Journal

New legislation authored by U.S. Sen. Dianne Feinstein was introduced yesterday to provide relief to cities and counties that lost investments due to the collapse of major financial institutions, like Lehman Brothers and Washington Mutual.

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The smell of corruption

Published January 7, 2009, 2:03 am, Asia Times

Jim Willie of the Hat Trick Letter notes that Bloomberg has filed a lawsuit against the Federal Reserve to force the Fed to give some details about where in the hell US$700 billion went after disbursement from the TARP financial rescue funds, a request and a lawsuit that the Fed is steadfastly fighting, tooth and nail.

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Are you looking for additional Accounting > Pension news? Try our new "Pension News Focus" area.

Off-site Pension Links, User Submitted

The following links have been collected through user bookmark submission in the Pension category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Wed Jan 7

Tue Jan 6

  • asahi.com(???? ?):???????200? ??? ??????????? - ??
  • OTPP - Ontario Teachers Pension Plan
  • Emini Addict
  • 09/10/2008 Lords confirm SRI can be applied in UK pensions: Members from the UK?s upper parliamentary house have clarified pension fund trustees are legally allowed to consider responsible investment in any of its decisions concerning assets held by the fund. Lord McKensie recognised many trustees believe the current law does not allow them to consider ethical issues when making investment decisions on behalf of the fund or to divest from a company on SRI grounds where they feel it is appropriate. Duncan Exley, director of campaigns at FairPensions, the charity promoting responsible investment, said: ?The government has taken a positive step in clarifying that responsible investment is legal.Combined with increasing evidence that responsible investment brings performance benefits, this statement shows that trustees should be taking proactive steps to monitor and manage environmental, social and governance risks and opportunities. ?

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Pension. If you would like to find related tags we recommend Tag Patterns > Pension

Off-site Pension Research Links

If you still need additional information on Pension then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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