For the year ended September 30, they are up 6.90%, according to Wilshire Trust Universe Comparison Service.
Tag: pension plans
Instead, workers will source funding from their 401(k), IRA or other savings vehicles.
The report also found a decline in future rates of mortality improvement.
With a funding status of 95% or more, a buyout or risk transfer deal are two viable options for these plans.
Turning to opportunistic allocations and alternative investments, they expect average returns of 7.2% this year, Natixis found in a survey.