pension funding status – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Funded ratio of 100 largest U.S. DB pension plans increased 1.7% in February: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/funded-ratio-of-100-largest-u-s-db-pension-plans-increased-1-7-in-february-report/ Wed, 03 Apr 2024 19:00:33 +0000 https://www.benefitscanada.com/?p=153876 The funded ratio of the 100 largest U.S. public defined benefit pension plans rose to 78.6 per cent as of Feb. 29, up from 77.7 per cent at the end of January, according to Milliman Inc.’s latest public pension funding index. Individually, public pension plans returned between an estimated 0.0 per cent to 3.2 per cent […]

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]]> Ontario DB pension plans’ average solvency ratio increased to 119% in Q4 2023: FSRA https://www.benefitscanada.com/pensions/defined-benefit-pensions/ontario-db-pension-plans-average-solvency-ratio-increased-to-119-in-q4-2023-fsra/ Wed, 06 Mar 2024 14:00:22 +0000 https://www.benefitscanada.com/?p=152598 The average projected solvency ratio for Ontario defined benefit pension plans was 119 per cent as of Dec. 31, 2023, up two per cent from Sept. 30, 2023, according to a new report by the Financial Services Regulatory Authority of Ontario. It found the median projected solvency ratio exceeded 100 per cent for 12 consecutive […]

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]]> U.S. public pension plans’ average funding ratio declines to 75.4% in 2023: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/u-s-public-pension-plans-average-funding-ratio-declines-to-75-4-in-2023-survey/ Thu, 22 Feb 2024 16:00:35 +0000 https://www.benefitscanada.com/?p=152062 The average funding ratio for U.S. public pension plans declined to 75.4 per cent in 2023, compared to 77.8 per cent in the previous year, according to a new survey by the National Conference on Public Employee Retirement Systems. The report, which was based on responses from nearly 160 public pension funds with roughly US$2.3 […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-70/ Fri, 26 Jan 2024 14:00:29 +0000 https://www.benefitscanada.com/?p=151186 An article on the funded position of Canadian defined benefit pension plans was the most-read story on BenefitsCanada.com. Here are the five top HR, benefit, pension and investment stories of the week: 1. Average DB pension plan’s funded position on solvency basis up in November: report 2. Decision raises questions about dependent contractors’ entitlement to reasonable notice […]

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]]> PIAC focusing on pension solvency uniformity, CAPSA risk management guidelines in 2024 https://www.benefitscanada.com/pensions/governance-law/piac-focusing-on-pension-solvency-uniformity-capsa-risk-management-guidelines-in-2024/ Thu, 18 Jan 2024 14:00:34 +0000 https://www.benefitscanada.com/?p=150701 The Pension Investment Association of Canada will concentrate its legislative advocacy efforts on funding reform in 2024, including for an overhaul of long-term, minimum funding regulations for federally regulated defined benefit pension plans, said David Lawson, the PIAC’s new chair. In an emailed statement to Benefits Canada, he said as DB plan sponsors continue to face […]

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]]> 2023 Investment Innovation Conference: The evolving role of fixed income in hedging risk, enhancing yields https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-investment-innovation-conference-the-evolving-role-of-fixed-income-in-hedging-risk-enhancing-yields/ Thu, 18 Jan 2024 12:50:23 +0000 https://www.benefitscanada.com/?p=149318 As the objectives of defined benefit pension plans have evolved, so too have institutional investors’ reasons for including fixed income allocations in a portfolio, from adding diversification and offsetting negative returns in equity to liquidity management and capital preservation, said Ashwin Gopwani, managing director and head of retirement solutions at Sun Life Capital Management, during the Canadian Investment […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-65/ Fri, 15 Dec 2023 14:00:42 +0000 https://www.benefitscanada.com/?p=148875 An article on how employers can support employees with attention deficit hyperactivity disorder was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How employers can help employees with ADHD be engaged, productive 2. FSRA’s proposed rule could increase fairness in division of pension benefits during marriage […]

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]]> Funded ratio of largest U.S. DB pension plans dipped to 103% in November: report https://www.benefitscanada.com/pensions/defined-benefit-pensions/funded-ratio-of-largest-u-s-db-pension-plans-dips-to-103-in-november-report/ Tue, 12 Dec 2023 20:00:49 +0000 https://www.benefitscanada.com/?p=148749 The funded ratio of the 100 largest corporate defined benefit pension plans in the U.S. dipped from 104 per cent at the end of October to 103 per cent as of Nov. 30, according to Milliman Inc.’s latest public pension funding index. It found as rates fell from 6.2 per cent in October to 5.55 per cent […]

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]]> Ontario DB pension plans’ average solvency ratio increased to 117% in Q3 2023: FSRA https://www.benefitscanada.com/pensions/defined-benefit-pensions/ontario-db-pension-plans-average-solvency-ratio-increased-to-117-in-q3-2023-fsra/ Fri, 24 Nov 2023 14:00:21 +0000 https://www.benefitscanada.com/?p=147535 The average projected solvency ratio for Ontario defined benefit pension plans increased slightly to 117 per cent in the third quarter of 2023, with more than three-quarters of plans projected to be fully funded, according to a new report by the Financial Services Regulatory Authority of Ontario. While the percentage of DB plans projected to have […]

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]]> ACPM urging Ontario to remove burdensome requirements from proposed target-benefit pension framework https://www.benefitscanada.com/pensions/governance-law/acpm-urging-ontario-to-remove-burdensome-requirements-from-proposed-target-benefit-pension-framework/ Thu, 29 Jun 2023 13:00:21 +0000 https://www.benefitscanada.com/?p=140518 The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable employers to create and maintain workplace pension plans. In an open letter, the ACPM said it believes the provision for adverse deviation will overly restrict the ability of MEPP trustees to manage […]

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