Pensions
Ontario DB Plans’ Funding Drops for 1st Time in Nearly 2 Years
The plans’ funded ratio was down two percentage points to 121% in Q3 due to a drop in discount rates.
Tag: solvency
Research
Corporate Pension Plans’ Funded Status Dips for First Time Since April
A surge in liabilities from low discount rates dropped aggregate ratios 1.3 percentage points to 79.9%, Wilshire says.
Pensions
Goldman Sachs Estimates Public Pensions Now Less than 60% Funded on Average
Senior Pension Strategist Michael Moran says local government spending limits will stymie funding levels.
Pensions
Public Pension Fund Debt Expected to Reach ‘All-Time High’
Retirement systems will struggle with meeting their required contribution targets, Pew report says.
Risk
Ohio’s State Pension Slashes Healthcare Benefits amid Insolvency Concerns Threat
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Risk
Texas ERS Could Become Insolvent 20 Years Earlier than Previously Anticipated
An actuarial valuation report cites the plan’s risk of going insolvent by 2075.
Newsmakers
New Mexico Governor Backs Linking Pension COLAs to Investment Performance
Plan aims to eliminate the state retirement system’s $6.6 billion unfunded liability.
Multiemployer Plans Funded Status Rebounds in H1 2019
‘Stellar asset gains’ raise plans’ funded ratio to 82%.
Research
Canadian DB Plans Flat in Q2 Despite Strong Returns
Falling bond yields prove too much for robust asset gains.
Aon: Complacency Biggest Risk for Canadian Pensions
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
IMF Report Warns of Potential Era of Stagnation
Are low growth and low interest rates becoming the new normal?