Northrop Grumman Corp. demonstrated that the Defense Department owes it $74 million under federal contract cost accounting rules following adjustments the contractor made to its pension plan for senior management, the Armed Services Board of Contract appeals ruled.

New York City police officers hired after 2009 are entitled to the same childcare-related pension credits as officers hired in earlier years, the state’s highest court ruled, finding no conflict between the city’s administrative code and state retirement law.

Tennessee insurer Zander Group Holdings Inc. can go to trial in its lawsuit seeking to force accounting firm Katz, Sapper, & Miller to cover Zander’s $3.8 million settlement with the Labor Department in a dispute over Zander’s employee stock ownership plan, a federal judge ruled.

Despite widespread objections from the money management industry, President Donald Trump, through the U.S. Department of Labor led by Eugene Scalia, is speeding ahead with a proposal to make it more difficult for fiduciaries of retirement plans to direct money to ESG-focused funds.

UBS Group AG is allowing employees to collect bonuses immediately after leaving the bank as the Covid-19 crisis prompts more workers to reconsider their careers.

A pension firm in Denmark that has a reputation for enforcing some of Europe’s toughest ethical investing standards says it won’t do business with hedge funds.