Tag: Defined Benefit Plan
The 100 largest US public DB plans saw a $50 billion rise in funding during the quarter.
The funded status of the 100 largest corporate DB plans edged higher to 88% in June.
Falling bond yields prove too much for robust asset gains.
Decision to shift American workforce into a defined contribution plan comes amid dropping earnings at the carmaker.
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Contributions may increase for existing beneficiaries.
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.
Despite the sharp rise, the aggregate deficit is down 29% from 2017.
Report finds pubic pensions are hunkering down as corporate pensions are winding down.
Cites problems coming from “highly optimistic” rate of return, lack of employee contributions.
Low interest rates, and a rising global economy boosted returns.
Survey finds 19% of defined benefit plans have a funded status higher than 101%.