The stock market rebound in November and December spurred a $349 billion increase in the 100 largest U.S. public plans’ funding, per Milliman.
Tag: Funded Status
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.
Goldman’s Michael Moran warns against complacency and issues some warnings.
Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.
Corporate Pension Sponsors’ Use of OCIO Services Is Growing, While Interest in Risk Assets Wanes, Research Finds
The underfunded program wants a diversified portfolio that doesn’t underperform in bad times.
Higher rates are no friend to bond portfolios, but they make life easier for DB plans.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Increasing funding levels are expected to spur another big year for pension risk transfers.