Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Corporate DB Funding at 70% in Q3
Pensions & Investments Oct. 4, 2012 "The typical corporate defined benefit plan ended the third quarter at around 70% funded, a modest decrease from the previous quarter ... Despite global equities returning about 7% for the quarter, the discount rate fell 25 basis points to 4.15%, resulting in a 6% increase in pension liabilities. Equity markets have been up more than 15% year-to-date Sept. 30, but the funded status has actually fallen by one or two percentage points[.]" |
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