Bob Browne, CIO at Northern Trust, argues that pension plan sponsors should not wait to de-risk their plans based solely on the assumption that interest rates will rise.
Tag: pension funded status
The employer sought to carve out new hires from a critical-status multiemployer pension fund and instead direct their contributions into a 401(k) plan—but both a district court and appellate court have called foul.
Funded status of the typical corporate pension plan increased by 1% or 2% over the quarter, depending on the model tracked.
Asset managers that monitor DB plan funded status found 1% through 1.3% increases last month.