May DB Funded Status Measures Mixed
The differences depend on what DB plans are tracked or how DB funded status is tracked.
Plan sponsors can help participants make sure they have a plan in place to retire on time, and also to help them visualize what that life may look...
Due to strong market performance during Q1 2017, the funded status improved for the 100 largest public DB plans in the country, Milliman finds.
There are strategies plan sponsors can adopt to make the most of technology and digital tools, so that participants can boost their retirement readiness.
More effective and targeted communications can help, a study by TIAA finds.
New research by Morningstar suggests plan sponsors may benefit from increasing default savings rates, relying on opt-out auto escalation features, and stretching the employer match.