The latest data from the Society of Actuaries contain good news for the state of single-employer pension plans.
According to the SOA's recently updated analysis of pension plans in the private sector, 89% of single-employer plans were not carrying any unfunded liability at the end of 2014, and even more are fully funded when factoring in Form 5500 data available for part of 2015.
That most recent analysis shows the continued improvement in the overall status of single-employer pension plans since the financial crisis. In 2013, 78% of plans were fully funded.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
