Tag: Funding Ratio
Third-largest monthly decline lowers funded ratios to 87.9%.
Among corporate plans, the financial sector achieves highest ratio, while energy and telecom lag.
Lack of contributions are the problem for IPERS, critic says.
Pension plan’s chief says the $51.7 billion retirement system’s good investment returns aren’t enough to overcome unfunded liabilities.
Shortfalls decline by $22.7 billion from 2016.
Despite rising funded status trend, many plans will run out of assets within 10 years.