Tag: Funded Ratio
Market Volatility Erases More Than 5 Percentage Points from Public Pension Funded Ratios in September
In a tough time for investments, the fund logs a 1% portfolio increase.
Preliminary 2022 investment losses are estimated at 10.4% on average for state and local plans.
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.
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.