September 2025
02Sep

US. Big Change To Workplace Investing

Ordinary Americans are about to see the biggest change to retirement investing perhaps since 401(k) plans replaced traditional pension plans. President Trump’s executive order permitting private equity and private credit plans, presumably along with crypto investments, to be included in qualified plans will democratize the investing world—at least in theory. For at least a decade, prominent people like former Blackstone No. 2 executive Hamilton James have made this argument: that since 401(k) investors in their 20s and 30s were locking...

September 2, 2025
News, , , ,
Read more...

August 2025
21Aug

Treasury Outlines Plan to Pay Retirement Benefits to Former Kenya Railways Staff

National Treasury Cabinet Secretary, John Mbadi, has revealed how the government plans to pay the retirement benefits owed to former Kenya Railways staff. Appearing before the Labour and Social Welfare Committee on Wednesday, August 20, Mbadi revealed that the government had a plan set in place to pay the money owed to the Kenya Railways Staff Retirement Benefit Scheme (KRSRBS). The CS claimed that the delayed payments had been caused by the fact that the scheme did not have any monetary...

August 21, 2025
News, ,
Read more...
20Aug

US. Multiemployer Pensions Reach Historic Full Funding Status

U.S. defined benefit multiemployer pensions have been fully funded for the first time in the history of Millman’s Multiemployer Pension Funding Study, the firm reported today. The funding level improved by three percentage points, up from 97% as of December 31, 2024, to 100% as of June 30, an all-time high since the inception of the study in 2007. Milliman’s data are based on standard actuarial assumptions and data in the latest Form 5500 filings from all U.S. multiemployer plans. The funding shortfall...

August 20, 2025
News, ,
Read more...

June 2025
17Jun

US. Largest Corporate Pension Plans Add $22B in May

U.S. corporate pension funds continued to recover in May, as higher bond yields drove down plan liabilities, and pension assets increased. The funded status of the 100 largest corporate defined benefit pension plans increased by nearly $22 billion in May, according to Milliman. The funded ratio of the DB plans rose to 104.9% from 103%. The increase erased the losses from a rocky first quarter of the year, bringing the funded status above 103.6%, where it started 2025. Pensions assets increased...

June 17, 2025
News, ,
Read more...
06Jun

US. The Retirement Funds Boomers Rely on Most — and Why Rising Generations Will Need a New Strategy

Whether retirement is like a sunrise on a distant horizon or you can already feel its golden rays warming your golden years, one thing is clear: Your money needs to be ready. While there are universal pillars of smart saving, such as keeping savings in a high-yield savings account, investing consistently and maintaining an emergency fund, each generation approaches retirement saving a little differently. When GOBankingRates teamed up with New York Life to understand how people are feeling about their finances today, one...

June 6, 2025
News, ,
Read more...

May 2025
13May

Swiss pension industry faces mounting skills shortage as funds invest in training

The Swiss occupational pension sector is facing a deepening shortage of skilled workers, a trend expected to intensify in the coming years. Larger pension funds are increasingly investing in training programmes to attract career changers and mitigate the talent gap. Sandro Meyer, a member of the executive board at Zurich Switzerland, told IPE that the shortage of qualified professionals is becoming a critical challenge for the industry. This is partly due to demographic shifts – there are simply fewer young people entering the...

May 13, 2025
News, Slider, ,
Read more...
07May

Largest 100 Corporate Pension Plans See Strong Increases in Funding Surplus

The largest U.S. corporate pension funds had a collective funding surplus last year for the first time since 2007, according to Milliman’s 2025 Corporate Pension Funding Study. Funding ratios of the Milliman 100 rose to 101.1% in fiscal year 2024, up from 98.5% in 2023. This is the first time these companies have had an average funding surplus since 2007, when that figure stood at 106%, before falling to 79% during the financial crisis of 2008 and 2009. In fiscal 24,...

May 7, 2025
News, Slider, , ,
Read more...
02May

How Companies With Frozen, Overfunded Pensions Approach the Future

Corporate pension funding surpluses are higher than they have been in more than a decade. Large surpluses are leading corporate pension plan sponsors to take a risk-on approach to their portfolios and evaluate options for the future of their plans. “We’ve hit the record high funded ratio since the [liability-driven investing] era,” says Jeff Passmore, lead LDI strategist at MetLife Investment Management. “We hit 107.2% funded intra-quarter—that was February 17.” According to Milliman, in 2024, about 34 U.S. companies had frozen pension plans with surplus...

May 2, 2025
News, Slider,
Read more...

April 2025
02Apr

South Korea. Low birth rate’s far-reaching impact: Sustainability of teacher pensions under threat

The impact of South Korea’s demographic crisis is far-reaching, with one lesser-known consequence being the threat to the sustainability of the teachers' pension system. As the school-age population shrinks and schools close, teachers are losing their jobs and becoming legally eligible for pension payouts much earlier than expected — sometimes as early as their 30s. According to data released by the National Assembly Budget Office, 410 pension recipients became eligible prematurely due to school closures as of 2024. Among them, individuals...

April 2, 2025
News, Slider, , ,
Read more...

March 2025
14Mar

Pension Funding Index February 2025

By Zorast Wadia The funded status of the 100 largest U.S. corporate defined benefit pension plans increased by $12 billion during January, as measured by the Milliman 100 Pension Funding Index (PFI). The funding surplus improved to $71 billion as a result of liability decreases and investment returns that surpassed expectations. Pension liabilities fell during the month due to a small increase in the benchmark corporate bond interest rates used to value those liabilities. As of January 31, the PFI...

March 14, 2025
Articles, System Characterization, , ,
Read more...