Pension Funding Is Up Over The Last Year Despite Pandemic-Driven Budgetary Challenges
Over 2021, the latest Public Plans Database analysis from the MissionSquare Research Group shows a 3 percent uptick in the percentage of funded plans.. A pension plan’ s funded ratio is its assets as a percentage of liabilities, according to the Federal Reserve.. “Robust financial markets certainly are playing a role in higher funded ratios,” said Gerald Young,...