Ryan said September was the worst pension showing since October 1987 with pension assets lagging liabilities by -11.83%. That translated into -38.46% year to date and a whopping -73.40% for the last two calendar years, the research firm reported.
Calling the two-year figure “alarming,” Ryan said the continuing asset underperformance is shaping up to make 2002 the worst year effort for pension programs.
The latest Ryan data continued the pension gap trend from August. See Ryan Says Pension Gap Grows .
Ryan’s data is based on roughly $200 billion in assets tracked in its Custom Liability Index system. Ryan put the first liability index together in 1991.
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