AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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2016 Opens with Dismal Performance of the Financial Markets Lowering Funded Status
Milliman Feb. 9, 2016 "The funded status of the 100 largest corporate defined benefit pension plans dropped by $31 billion during January ... The funded status deficit widened to $326 billion from $295 billion at the end of December 2015, due to large investment losses incurred during January.... A small drop in the benchmark corporate bond interest rates used to value pension liabilities also contributed to the increase in the funded status deficit. As of January 31, the funded ratio dropped to 80.9%, down from 82.7% at the end of December." |
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