Corporate Pension Funding Hits Highest Level Since Financial Crisis
Strong June investment returns drive significant jump as liabilities stabilize.
Source: ai-cio.com
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Strong June investment returns drive significant jump as liabilities stabilize.
The funded status reached its highest level since before the Great Recession of 2007 to 2009, according to one analyst firm.
The law made it easier for some plans to continue operating by adding flexibility.
Liabilities plummeted and funded status improved for the 100 largest plans in 2021 as the average discount rate rose 30 basis points.