, consistent with managers benefiting from lower pension contributions. Results are stronger when CEO compensation is directly …Cash contributions to defined benefit pension (DB) plans reduce cash flows from operations without directly affecting … enhanced disclosure and more transparent reporting under the recent pension accounting regime mitigates the negative …

Because public firms are not required to disclose the monetary value of pension plans in their executive pay … pension plans. This paper presents evidence that omitting the value of pension benefits significantly undermines the accuracy … pension arrangements of CEOs of S&P 500, we find that the CEOs' plans had a median actuarial value of $15 million; that the …

Because public firms are not required to disclose the monetary value of pension plans in their executive pay … pension plans. This paper presents evidence that omitting the value of pension benefits significantly undermines the accuracy … pension arrangements of CEOs of S&P 500, we find that the CEOs' plans had a median actuarial value of $15 million; that the …

and DC pension plans, one of the key differences is that DB plans carry portability risks, whereas DC plans bear asset …

pension in UK, is more likely to be in surplus rather than deficit. Evidence is provided to show that neither low gilt yields …

pension plan. The paper uses a traditional actuarial approach of discounting liabilities using the expected return of the … associated pension fund. A stochastic Excel model was developed to simulate the effect of varying investment returns on a pension …, and variations in asset allocation. A 50% gainsharing feature can reduce the discount rate for a defined benefit pension …