By some measures, corporate pension plans’ fortunes improved in 2020; by others, they did not. A new analysis reports that for private-sector DB plans’ funded status, 2020 was a wash. Willis Towers Watson reports that pension plan assets among the plans it studied increased by $80 billion. Drilling down, they estimate that: overall investment returns averaged 12.9%; domestic large capitalization equities grew 18%, while domestic small/mid-capitalization equities realized gains of 20%; aggregate bonds saw gains of 8%; long corporate [...]