Funded ratio falls to 83% for month, but is up from 77% in 2016.

Illinois, Alaska, and Connecticut among largest unfunded liabilities.

For corporate DB plans, return-seeking assets are often synonymous with traditional equities. That’s fine if market conditions are just right, but it leaves plans vulnerable in many environments. We think the solution is to diversify return-seeking allocations with assets that may perform well in a variety of conditions.

Suggests MOSERS lower expectations, investment fees.

Board approves up to $700 million in private equity, multi-strategy real estate commitments.

EMs currently account for more than half of the world’s GDP and around two-thirds of GDP growth—that economic share is only expected to rise as EMs are projected to grow faster than developed markets (DMs) in upcoming years.

Report finds less than half of Baby Boomers and GenXers have any retirement savings.