Pensions
With Corporate DB Pension Funding at All-Time High, Will Pension Reversion Transactions Increase?
Likely not, but there are opportunities for plan sponsors to take advantage of excess pension assets.
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.
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
The stock market rebound in November and December spurred a $349 billion increase in the 100 largest U.S. public plans’ funding, per Milliman.
Milliman index shows that insurers’ appetite for interest-rate risk may be waning.
The 100 largest public plans saw an aggregate investment loss of 1% during the month.
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.