Pensions
Rising Discount Rates Push Pension Risk Transfer Costs Lower in April
Transferring retiree assets now costs an estimated 101.1% of a plan’s accumulated benefit obligation.
Tag: Milliman
Market Moves
Rising Discount Rates Drove Down Pension Liabilities in April
Corporate pension funding levels rebounded in April despite equity market volatility.
Pensions
Largest 100 Corporate Pension Plans See Strong Increases in Funding Surplus
More than half are in surplus, with 12 plans reporting a funding ratio greater than 125%, according to Milliman’s 2025 corporate pension funding study.
Asset Allocation
As Many DB Plans Reach a Surplus, Plan Sponsors Have Options
Delta Air Lines CIO Jonathan Glidden offers a peek into the internal debates.
Asset Allocation
Market Volatility, Litigation Slow PRT Deal Flow
Solutions could include consideration of plan design and lifetime income options for plan sponsors and participants.
Pensions
PRT Costs Rise in March, while Volumes Fall
Amid up-and-down markets, the estimated cost to transfer plan liabilities to insurers rose to 102.5% of accumulated benefits obligations.
Pensions
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
Pensions
Corporate Pension Funding Ratios Decline Amid Weak Market Returns
Pension finances weakened on lower returns in February.
Pensions
PBGC’s SFA Program Boosts Multiemployer Funded Level to 97%
Without the $16 billion in special financial assistance from the Pension Benefit Guaranty Corporation, the plans’ funded level would have ended 2024 stagnant, per Milliman study.
Pensions
Corporate Pensions Continue Funding Surplus Rise in January
Strong markets, steady discount rates push funded status higher and higher.
Asset Allocation
U.S. Corporate Pension Funds Ended 2024 Strong
Aggregate funded status was at 100% for 2024, the first time since before the Global Financial Crisis that pension funds closed the year fully funded or better, per data from WTW.
Pensions
November Sees Another Gain in Corporate Pension Funded Status
If December can keep up the relatively strong results this year, defined benefit plan funded status may finish in the black for 2024.
Pensions
Public Pension Funded Ratios Register 1st Decline Since April
The funded ratio for the 100 largest U.S. public pension plans fell by 160 basis points in October.
Pensions
Corporate Pension Funded Status Ticks Up in October
Rising discount rates mostly offset both weak investment returns and declines in plan assets last month.
Pensions
Corporate Pension Funded Status Mixed in August
Some trackers saw their first decline in funded status in months, during a 'tumultuous' month for equities.