Corporate Pension Funding Ratios See Slight Increase in February
Volatile equity market performance mostly offset the impact of lower liability values in February, resulting in a modest boost in corporate pension funded ratios.
The pension fund aims to hedge against any unexpected rise in life expectancies.
COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’
A 2020 accounting error had prompted the investigation that lasted for more than a year.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Legal action could influence whether the European Commission approves the $30 billion acquisition.