Canadian Multi-Employer Pensions Fall from Fully Funded in Q4
Funded level of Segal Group model falls to 95% from 102%.
Tag: Funded Status
Market Moves
Dutch Pensions Felt Major Pain in Q4
Average funding ratios fell by seven percentage points, amid down December.
Newsmakers
New California Governor Aims to Cut CalPERS, CalSTRS Debt
Gavin Newsom’s plan for the two largest US pension plans allocates more than $7 billion to reduce their unfunded liability and help California school districts with their contributions to pension costs.
Regulation
New Mexico Considers New Solvency Proposal
Proposes three-year suspension on COLA adjustments to help attain 100% funded status by 2043.
UK Corporate Pension Deficit Nearly Triples in October
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Public Pension Gap Widening Between Top and Bottom Funds
The best third is 90% funded, and the worst third is at 55% and falling, a new study says.
Funded Ratio for Corporate Pensions Hits 10-Year High
The 100 largest company pension plans gained $21 billion in September.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
S&P 500 Pensions Approaching 91% Funded
Increased discount rates, global equity returns generate uptick in the ratios for plans in the index.
S&P 1500 Pension Funded Status Rises 2% in July
An increase in equity markets boosted corporate pensions’ funded status to 91%.
Top 100 US Public Pensions Lose $23 Billion in Q2
Contributions and lackluster returns outweighed by benefits payments.
UK Pension Funding Level Rises 2% in April to 95.1%
Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.
Wilshire: State Pensions Are Over 70% Funded
Although liabilities climb, shortfalls shrink by $58 billion.
Rising Treasury Rates Spur Pension Funding
Report shows pensions’ funding ratio increased 2% in April.
UK Corporate Pension Funding Levels Nearing 100%
Consultant JLT suggests plans de-risk following monetary policy discussions, regulator warnings.