Firms that track DB plan funding reported increases in the month ranging from 0.4% to 1.0%.
Tag: DB plan funding
No lever alone is enough to close the pension funding gap, according to a report from Cambridge Associates.
New research shows that funding status has little correlation with a pension fund’s ability to pay its promised benefits, and NCPERS urges policymakers to stop trying to shut down public pensions.
Those tracking S&P plans estimate a slight decrease in or flat pension funding ratio, while other estimate a slight increase. Most agree funding is up for the year.
According to a Sears announcement, following the making of a $407 million contribution, it will be nearly relieved of the obligation to make further contributions to the pension plans for approximately two years.
“Companies feel that the time is right to reduce or eliminate their pension funding shortfalls.” says Matt McDaniel, partner, Mercer.
Asset management firms estimate pension funding ratios declined slightly in August, but most say they are up for the year.