Pensions
US Corporate Pension Plans Continue to Improve Funded Status in January
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.
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.