Plan funding levels

Defined Benefits (DB) Plans have had an increasingly keen eye on improving their funding levels to ensure long-term benefit adequacy for their members. While DB plans typically adopt contribution policies that have a long-term goal of achieving 100% funding, an increasing number of plans have taken a more aggressive approach to funding their pension plans faster in light of economic conditions and demographic expansion. With short-term market return expectations somewhat tempered and an increasing number of baby boomer retirements, plans have been updating their funding policies to address anticipated market and demographic changes.

Have you reviewed your funding policy to see if a policy change is warranted?

We can help with strategies and goals to achieving 100% funding within your target period.