The 100 largest public plans saw an aggregate investment loss of 1% during the month.
Tag: Public Pension Funding Index
Market Volatility Erases More Than 5 Percentage Points from Public Pension Funded Ratios in September
Asset gain of $308 billion in April-June period lifts estimated funded ratio to 71.2% from 66%.
But market volatility caused by the coronavirus threatens to erase some of the gains.
Pensions’ largest quarterly gain followed their largest quarterly loss.
Public pension funding improved by $60 billion during last quarter of 2017.