Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|April's Robust Investment Returns Boost Corporate Pension Funding Despite Drop in Discount Rates|
May 7, 2021
"During April, pension funding ... improved by $2 billion thanks to a robust 2.30% investment gain, increasing the market value of assets by $34 billion. The asset improvement, however, was offset by a 14 basis-point drop in the monthly discount rate ... The funded ratio inched up for the month, from 98.2% at the end of March to 98.3% as of April 30."
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