Pensions
US Corporate Pensions Rebound to Fully Funded Status
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.
Firm contributed $190 million to plan to boost funded level to 97%.
The 100 largest corporate DB plans gain $20 billion in February.
Brexit expected to bring higher volatility and deficits for pensions.
Investment performances miss mark for third time in 10 years.
Rising equities were offset by a falling discount rate during the month.
Despite investment loss, deficit of 100 largest corporate plans fell $23 billion.
Markets continue to anticipate muted inflation, and the Federal Reserve to contemplate rate hike in December.
Despite fluctuations, the largest pension plans ended 2016 with their funded ratios little changed.