Tag: discount rates
Record-low rates negate plans’ 15.66% investment return for the year.
Funded ratio of 100 largest US corporate plans drops to 83.8% from 87.7%.
Benefitting from the corporate tax cut, and well-funded now, private-sector plans may have a rude awakening, consultants say.
Mercer report indicates estimated aggregate deficit in April increased by $1 billion over March’s numbers.
Deficit drops to $247 billion from $275 billion.