Newsmakers
Despite April’s Poor Equity Returns, Rising Discount Rates Improved Funded Status for Most Pensions
Last month had one of the highest single-month discount rate increases for many data collectors.
Tag: Milliman
Risk
Once a Liability, Corporate Pension Plans Start Turning a Surplus for Many Companies
But that doesn’t mean corporations will reopen closed plans.
Newsmakers
How Corporate Pension Funds Overcame Their Deficits Last Year
Pension funds with low fixed income and high equity allocations had a leg up.
U.S. Corporate DB Plans Hit Highest Funded Status in Years
Higher discount rates have helped, but investment managers suggest sponsors be mindful of risks ahead.
Newsmakers
U.S. Corporate Pension Funds Remain Steady in February
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Newsmakers
Milliman Faces ERISA Lawsuit Over Alleged Breach of Fiduciary Duty
The plaintiffs claim the firm’s 401(k) lost as much as $85 million due to imprudent investment decisions.
Market Moves
Surging Stocks Improve Pension Funding Levels, But De-Risking Isn’t at Risk
A hot equities market, plus some accounting help from interest rates, aided the plans.
Pensions
US Corporate Pension Funding Nudges Higher in FY 2020
Asset returns of 13.4% offset plunging discount rates to lift funded levels to 88.4%.
Pensions
US Corporate Pension Funded Ratio Climbs to 92.9% in February
Despite weak returns, funded levels rise for the fifth consecutive month.
Pensions
Multiemployer Pensions Reach Highest Funding Levels in 13 Years
Robust asset gains in 2020 raised funded ratios to pre-global financial crisis levels.
Asset Allocation
US Corporate Pension Funded Ratio Climbs to 89.8% in January
An increase in discount rates boosted the funded levels of the 100 largest corporate pension plans by $39 billion.
Pensions
US Public Pensions’ Funded Ratio Soars to Record in Q4
The number of plans with funded levels above 90% nearly doubled during the final quarter of 2020.
Pensions
US Corporate Pensions Funding Drops in 2020 Despite Robust Returns
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Research
Huge Investment Gain Boosts Corporate Pension Funding by $12 Billion
Over 5% return in November helps raise funded ratio of 100 largest corporate pensions to 86.2%.