Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Tag: Funding Ratio
Newsmakers
Austin Takes Steps to Save Local Pensions
The city’s Audit and Finance Committee enables new legislative allowances to save its police and employees’ retirement systems.
US Corporate Pension Funding Plummets $65 Billion in May
Third-largest monthly decline lowers funded ratios to 87.9%.
S&P 500 Companies See Pension Funding Increases in January
Among corporate plans, the financial sector achieves highest ratio, while energy and telecom lag.
Research
Despite Good Returns, Iowa Public Pension’s Unfunded Liability Likely to Grow Slightly
Lack of contributions are the problem for IPERS, critic says.
Newsmakers
Illinois Teachers’ Asks for 10.6% More in State Contributions
Pension plan’s chief says the $51.7 billion retirement system’s good investment returns aren’t enough to overcome unfunded liabilities.
Wilshire: City, County Pension Systems’ Funded Status Grew by More than 4% in 2017
Shortfalls decline by $22.7 billion from 2016.
Over 100 US Multiemployer Pension Plans Face Insolvency
Despite rising funded status trend, many plans will run out of assets within 10 years.