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Flat Returns Through First Half of 2018 Have Dampened Funding Progress for Multiemployer Plans
Milliman 
Oct. 12, 2018 "The estimated investment return for our simplified portfolio for the first six months of 2018 was about 0.2%, below plans' investment return assumptions. This has resulted in noncritical plans 'giving back' some of the funded status gains made in 2017, and critical plans falling further behind. The aggregate funded percentage for multiemployer plans is estimated to be 81% as of June 30, 2018, down from 83% at the end of last year. The gap between the funded percentages of critical versus noncritical plans is widening." MORE >> |
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