Pensions
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Tag: Funded Ratio
Pensions
Equity Gains Boost U.S. Public Pension Funding Status, Says Milliman
The 100 largest public pensions’ aggregate funded level now totals 74.7%, as of the end of November, advancing from 71.6% the prior month.
Pensions
UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Asset Allocation
Illinois Teachers Pension Invests Nearly $1.5 Billion in Alts
Retirement system’s funded level rises 1.3% in fiscal 2022 despite investment loss.
Market Moves
Market Volatility Erases More Than 5 Percentage Points from Public Pension Funded Ratios in September
Investment losses for the 100 largest public pensions ranged from 3.3% to 9.6% during the month.
Pensions
Canadian DB Plans Weather Market Volatility, Inflation … So Far
With challenging conditions likely to persist, Mercer advises plan sponsors prepare for the worst but hope for the best.
Asset Allocation
New Mexico Teachers’ Fund Scores Small Gain for Fiscal Year
In a tough time for investments, the fund logs a 1% portfolio increase.
Asset Allocation
CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
Pensions
Public Pensions Face Sharpest Funded Ratio Drop Since Great Recession
Preliminary 2022 investment losses are estimated at 10.4% on average for state and local plans.
Asset Allocation
Despite Falling Markets, UK DB Funding Levels Continue to Rise
Thanks to surging bond yields, the aggregate funded ratio of the PPF 7800 rose to 120.1% in June, up from 106.5% a year ago.
Asset Allocation
Corporate DB Pension Plan Funded Ratios Surge in 2021
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.
Newsmakers
Fernando Vinzons Named New CIO at Chicago Teachers’ Pension Fund
Vinzons’ appointment comes at a time when Chicago Teachers’ is fighting to improve its poor funded ratio.
Newsmakers
How Corporate Pension Funds Overcame Their Deficits Last Year
Pension funds with low fixed income and high equity allocations had a leg up.
Newsmakers
Canadian, UK DB Plans Improve Despite Market Volatility and Inflation
Rising bond yields more than offset investment losses to reduce pension liabilities.
Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.