Pensions
Funding Status of Pensions Increases Marginally Despite Equity Market Downturn
Concluding the September pension watch, two consultants monitored that funding ratios in U.S. plans had eclipsed over 100% funded.
The total funding shortfall for more than 1,200 plans balloons by $85 billion in six months.
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.