Pensions
Corporate Pension Funding Levels Skyrocket in February
A majority of the largest U.S. corporate pensions are at their highest levels in decades, according to a number of pension trackers.
July sees fourth consecutive month of improved U.S. corporate pension funding.
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.