Featured Jobs
|
Sentinel Group
|
|
MAP Retirement
|
|
Retirement Relationship Manager MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
Pattison Pension
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
BPAS
|
|
Regional Vice President, Sales MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Pension Funding Update, November 2020
River and Mercantile Solutions 
Nov. 11, 2020 "Global stock markets started the month strong, but took a turn for the worse in the last week of the month and ended the month down 2-3%. Pension discount rates were up about 0.10%-0.15% from the previous month, but are still down noticeably for the year. For most pension plans, the equity losses for the month will have outweighed the liability gains due to the increase in the discount rate, leading to an overall decline in funded status." |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |