
Newsmakers
Conflicting Data on Corporate Pension Funded Status for May
Some consultants report an increase in funded ratios, others report a decrease, while others report minimal change.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
While some changes induced by the pandemic will fade away, others are here to stay.
Athene will provide annuity benefits to approximately 70,000 GE retirees.
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.