Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.
Record-low rates negate plans’ 15.66% investment return for the year.