Research
Fortunes Diverge for Public, Corporate Pensions
Public pension funding rises, while corporate pension funding falls for second month in a row.
Market downturn could be the final straw for struggling public pension plans.
Although it might look controversial, a split portfolio may be strong option to meet a fund’s short-term cash needs as well as maximize long-term wealth.
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.
The number of workers benefiting from state and local government pensions in 2016 rose 3.3% in 2016.