Search
 

Corporate pension funding not expected to improve much

A hit to median pension funding levels is only partially offset by favorable returns on pension plan assets in 2014.

By Nick Thornton | Updated on July 29, 2015

Favorable returns on pension plan assets in 2014 could only partially offset the hit to median funding levels, according to analysis of 100 large corporate defined benefit plans by PwC.

Sharp decreases in interest rates from 2013 and more conservative mortality assumptions, which were widely adopted last year, brought the median funding level to 83 percent in 2014, down from 90 percent the previous year, and notably off the 100-percent median funding level posted in 2007, according to the investment bank’s 2015 Pension Disclosure Survey.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.