Pension Obligations

RECENT NEWS
Financial Times  Jul 21  Comment 
There is an answer to local governments’ pension obligations and under-investment
Insurance Journal  Jun 26  Comment 
Insurer Hartford Financial Services Group Inc. said on Monday it would transfer $1.6 billion, or 29 percent, of its pension liabilities to Prudential Financial Inc. Hartford is the latest U.S. firm to transfer its pension obligations as rising...
New York Times  Mar 13  Comment 
Puerto Rico hopes to restructure more than $110 billion of debt and pension obligations — if it can produce a credible plan. The Fed on Wednesday is likely to give an indication of its future plans.
Financial Times  Feb 10  Comment 
Retailer vows to cut costs by $1bn and reduce debt and pension obligations by $1.5bn
Reuters  Feb 10  Comment 
Struggling retailer Sears Holdings Corp reported a 10.3 percent drop in comparable store sales for the holiday quarter, and said it would cut debt and pension obligations by at least $1.5 billion this year.
MarketWatch  Jan 20  Comment 
AT&T Inc. disclosed Friday that it expects to record a $1 billion fourth-quarter non-cash charge following a remeasurement of its pension and postemployment benefit plans. The telecom giant said a $3 billion loss was generated after it lowered on...
New York Times  Oct 12  Comment 
The growth in full-time staffing has worried some budget experts, who fear a lack of fiscal discipline at City Hall, and greater pension obligations down the road.
Yahoo  Sep 9  Comment 
Kroger Co, the biggest U.S. supermarket company, reported an 11.5 percent fall in quarterly profit, largely hurt by charges related to restructuring of some pension obligations. Net earnings attributable ...
Forbes  Apr 19  Comment 
Each year in Illinois, increasing pension obligations are consuming more of its taxpayers’ dollars, pushing cities and towns to cut core services and raise property taxes just to keep up with the payments, policy experts say.




 
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