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SAVE UPs Act is intended to improve access to workplace retirement savings plans for employees of small businesses.
The Supreme Court ordered the lower court to reassess whether fiduciaries of Verizons pension plan violated their duty to participants.
Ford Motor has 77% of its assets in fixed income, while Johnson & Johnson's worldwide plans are invested 79% in equities.
Ford Motor has 77% of its assets in fixed income, while Johnson & Johnson's worldwide plans are invested 79% in equities.
Last year's transactions totaled $14.4 billion, up 54% from 2014.
Increased premiums means it's cheaper to issue bonds to fund pension plan, Russell says.
Lawsuit alleges that the company's defined-contribution plan offered participants only expensive funds when lower-priced investment options should have been made available.