Strong Market Bolsters Not-For-Profit Pensions

2018-03-29T09:31:28-07:00March 29th, 2018|Categories: Defined Benefit Plans|Tags: |

S&P forecasts lower near-term statutory minimum requirements for defined benefit plans, which could help financial profiles for not-for-profit healthcare providers. The nation’s not-for-profit healthcare sector has benefited from a boost in the funded status of its pension plans in fiscal 2017 due primarily to robust investment market returns, according to a report this week from S&P Global Ratings. This boost is occurring, S&P said, despite lower assumed discount rates in recent years, which provide a more conservative liability measure. [...]