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Browsing Defined Benefit

Annuity Purchase Update – September 2021

Pension funding levels declined this past month due to a decrease in interest rates. As a result, annuity purchase costs increased for Annuity Plan 1 and 2.

Pension Finance Update – August 2021

Pension finances improved in August due to strong stock markets and modestly higher interest rates. Both model plans we track gained ground last month.

June 2021 Pension Finance Update

Falling interest rates in June saw otherwise steady pension plans down 1%, with both model plans we track remaining in the black for the year.