Asset Allocation
Texas Teachers Returns 12.7% in Fiscal 2024
The $209.5 billion pension is expected to be fully funded by 2052.
Tag: Funded Ratio
Pensions
Stagnant Returns Produce Lower Public Pension Funded Levels in January
Returns for the 100 largest U.S. public plans during the month ranged from a loss of 1% to a gain of slightly more than 1%, per Milliman.
Pensions
Market Rally Raises US Public Pension Funded Levels to 2023’s Highest Point
The stock market rebound in November and December spurred a $349 billion increase in the 100 largest U.S. public plans’ funding, per Milliman.
Pensions
Funded Levels Rose for Canadian DB Plans in 2023, But Risks Remain
Interest rates and market volatility continue to pose a significant risk for many plans.
Pensions
US Public Pension Funding Poised to Rebound in 2023 Reporting
However, only half of the state and local retirement systems exceeded their assumed rate of return for the year.
News
Public Equities Spur Rise in State Pensions’ Funded Status
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
Pensions
Funded Level for U.S. Public Pensions Slips to 73.7% in May
The 100 largest public plans saw an aggregate investment loss of 1% during the month.
Pensions
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Pensions
Equity Gains Boost U.S. Public Pension Funding Status, Says Milliman
The 100 largest public pensions’ aggregate funded level now totals 74.7%, as of the end of November, advancing from 71.6% the prior month.
Pensions
UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Asset Allocation
Illinois Teachers Pension Invests Nearly $1.5 Billion in Alts
Retirement system’s funded level rises 1.3% in fiscal 2022 despite investment loss.
Market Moves
Market Volatility Erases More Than 5 Percentage Points from Public Pension Funded Ratios in September
Investment losses for the 100 largest public pensions ranged from 3.3% to 9.6% during the month.
Pensions
Canadian DB Plans Weather Market Volatility, Inflation … So Far
With challenging conditions likely to persist, Mercer advises plan sponsors prepare for the worst but hope for the best.
Asset Allocation
New Mexico Teachers’ Fund Scores Small Gain for Fiscal Year
In a tough time for investments, the fund logs a 1% portfolio increase.
Asset Allocation
CalSTRS Loses 1.3% in Fiscal Year 2022
Market slump causes $262 billion drop in U.S. public pensions’ funding levels in June.