Market Moves
Dutch Pensions Felt Major Pain in Q4
Average funding ratios fell by seven percentage points, amid down December.
Tag: Funded Status
Newsmakers
New California Governor Aims to Cut CalPERS, CalSTRS Debt
Gavin Newsom’s plan for the two largest US pension plans allocates more than $7 billion to reduce their unfunded liability and help California school districts with their contributions to pension costs.
Regulation
New Mexico Considers New Solvency Proposal
Proposes three-year suspension on COLA adjustments to help attain 100% funded status by 2043.
UK Corporate Pension Deficit Nearly Triples in October
Aggregate deficit of PPF 7800 balloons to £107.7 billion as funding level drops 4.1%.
Public Pension Gap Widening Between Top and Bottom Funds
The best third is 90% funded, and the worst third is at 55% and falling, a new study says.
Funded Ratio for Corporate Pensions Hits 10-Year High
The 100 largest company pension plans gained $21 billion in September.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
S&P 500 Pensions Approaching 91% Funded
Increased discount rates, global equity returns generate uptick in the ratios for plans in the index.
S&P 1500 Pension Funded Status Rises 2% in July
An increase in equity markets boosted corporate pensions’ funded status to 91%.
Top 100 US Public Pensions Lose $23 Billion in Q2
Contributions and lackluster returns outweighed by benefits payments.
UK Pension Funding Level Rises 2% in April to 95.1%
Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.
Wilshire: State Pensions Are Over 70% Funded
Although liabilities climb, shortfalls shrink by $58 billion.
Rising Treasury Rates Spur Pension Funding
Report shows pensions’ funding ratio increased 2% in April.
UK Corporate Pension Funding Levels Nearing 100%
Consultant JLT suggests plans de-risk following monetary policy discussions, regulator warnings.
Lack of Hedging Threatens Pensions Recent Improvements
Report says sponsors must be aware of three new kinds of risk.