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Pension plan

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[$] Chrysler to Freeze Pension Plan
Wall Street Journal  Jun 14  Comment 
Chrysler will freeze its U.S. pension plan for about 8,000 salaried workers, transferring those employees to a defined contribution plan starting in 2014.
Reliance Life launches new pension plan
The Hindu Business Line  Jun 10  Comment 
Reliance Life Insurance Company has launched a new pension product ‘Reliance Life Insurance Smart Pension Plan’. It is a non-participating unit-linked pension plan that offers a range of...
Exelis (XLS) Amends Pension Plan, Freezes Certain Accruals
StreetInsider.com  May 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Exelis+%28XLS%29+Amends+Pension+Plan%2C+Freezes+Certain+Accruals/8377893.html for the full story.
Pension Plan Helps IAM in Campaign at US Airways
TheStreet.com  May 29  Comment 
CHARLOTTE, N.C. (TheStreet) -- As the Teamsters union seeks to raid mechanics at US Airways , the toughest question the union has to answer concerns the impact that a change could have on the mechanics' pensions. The International Association...
Ontario Teachers’ Pension Plan to open Hong Kong office
Canada.com  May 22  Comment 
The Ontario Teachers' Pension Plan says it open up an office in Hong Kong within months, as it pushes to increase their exposure to emerging markets from 15% to 20%
Arkansas Best (ABFS) Changes Nonunion DB Pension Plan; Sees Material Impact
StreetInsider.com  May 17  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Arkansas+Best+%28ABFS%29+Changes+Nonunion+DB+Pension+Plan%3B+Sees+Material+Impact/8351426.html for the full story.
Ron Mock ascends to the top of Ontario Teachers' Pension Plan
The Globe and Mail  May 14  Comment 
Will succeed Jim Leech as CEO of the Ontario Teachers’ Pension Plan on Jan. 1
Ron Mock named to succeed Jim Leech atop Ontario Teachers’ Pension Plan
Canada.com  May 14  Comment 
A Pension Plan Funded With Cheese
New York Times  Apr 19  Comment 
Moving physical assets into pension plans allows companies to avoid having to come up with the cash they would otherwise need to keep their plans flush.     
[$] Pension Plan Would Hit Retirees
Wall Street Journal  Apr 13  Comment 
A coalition of unions and employers is proposing changes to the federal law that governs the pension plans of about 10 million people, including reducing benefits paid to retirees.




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