Pension plans buoyed by rising interest rates in second quarter

2015-07-01T22:10:55-07:00July 1st, 2015|Categories: Pension Funding|Tags: , |

The solvency position of Canadian pension plans rose in the second quarter of 2015. The Mercer Pension Health Index stands at 100% on June 26th, up from 94% at March 31st. The rise in the funded status was driven by rising interest rates. Long-term interest rates rose by 50 basis points in the quarter, pushing pension liabilities for most pension plans down by between 5% and 8%. However, asset returns were poor in the second quarter due to sputtering [...]