Pensions
Funded Status of Largest 100 US Public Pension Funds Rises to 78.6%
Per Milliman, it is the highest funded ratio for public defined benefit plans since May 2022.
Essential to public sector employees, a pension fund is a forgotten benefit for most workers in the private sector.
Mercer warns pension trustees to brace for a no-deal Brexit.
Unaligned incentives of board members are being blamed for state pension funds’ financial woes.
Active membership of DC plans rise, as membership in DB plans falls.
Funded ratio for S&P 500 defined benefit plans rises to 85.8%.
Public pension funding improved by $60 billion during last quarter of 2017.
Two-month consultation for scheme members to begin end of March.