Central Pension Fund of the IUOE |
Retirement, LLC |
Bates & Company |
Retirement Plan Relationship Manager ERISA Services, Inc. |
Prime Pensions, Inc. |
United 401(k) Plans, Inc. |
Carpenter Morse Group |
Retirement Plan Legal Specialist Pentegra |
Nova 401(k) Associates |
Nicholas Pension Consultants |
Compass Retirement Consulting Group, Inc. |
Central Pension Fund of the IUOE |
Trucker Huss, A Professional Corporation |
Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
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January 2015 Interest Rates Reach a Record Low of 3.38% with Abysmal Effect on Pension Funding (PDF) Milliman ![]() Feb. 5, 2015 "The funded status of the 100 largest corporate defined benefit pension plans dropped by $90 billion during January ... the eighth largest monthly drop in the 15-year history of the Milliman 100 PFI. The funded status deficit ballooned to $382 billion from $292 billion at the end of December 2014 due to the 42 basis point decline in the benchmark corporate bond interest rates used to value pension liabilities. Pension assets had a monthly above-expected return due to strong fixed income asset return and this helped to counter liability losses. As of January 31, the funded ratio decreased to 79.6%, down from 83.5% at the end of December 2014. The previous sub-80% PFI funded ratio was in December 2012." |
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