July sees fourth consecutive month of improved U.S. corporate pension funding.
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.
The pension fund aims to hedge against any unexpected rise in life expectancies.
COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’