Pension plan finances healthier in Q1

2023-04-13T14:05:05-07:00April 13th, 2023|Categories: Defined Benefit Plans|Tags: |

By James Langton Source: Investment Executive Defined benefit pensions enjoyed improving solvency metrics in the first quarter, despite elevated market volatility and tightening financial conditions, according to new data from consulting firm Mercer. The median solvency ratio for the DB plans in Mercer’s universe rose to 116% in the quarter, up from 113% at the end of 2022. Other measures of pension funding health also indicated improvement in the first quarter, with 83% of plans estimated to be in [...]