- Public Pension Funding Index, 4th Quarter 2018
By Rebecca A. Sielman | 14 February 2019
The estimated funded status of the 100 largest U.S. public pension plans dropped from 72.9% at the end of September to 67.2% at the end of December as measured by the Milliman 100 Public Pension Funding Index (PPFI).
- Milliman VALUES 2018 GLWB industry lapse study
By Eileen S. Burns, Matthias Kullowatz, Jenny Jin, Ben Johnson, Vincent Haupt, Vincent Embser | 13 February 2019
The 2018 Milliman VALUES Guaranteed Lifetime Withdrawal Benefit (GLWB) industry lapse and utilization studies included 3 million policyholders from eight large variable annuity writers, representing roughly $350 billion of account value and covering a range of GLWB product designs as well as demographic attributes.
- Pension Funding Index February 2019
By Charles J. Clark, Zorast Wadia | 08 February 2019
In January, the funded status of the 100 largest corporate defined benefit pension plans improved by $19 billion as measured by the Milliman 100 Pension Funding Index.
- Multiemployer Alert: PBGC issues proposed rule on methods for calculating withdrawal liability
08 February 2019
The Pension Benefit Guaranty Corporation’s proposed rule, issued February 6, effectively memorializes changes in law prescribed by the Pension Protection Act of 2006 and the Multiemployer Pension Reform Act of 2014.
- Multiemployer Alert: Uncertainty persists for multiemployer pension plans
04 February 2019
Many multiemployer pension plans will not be able to pay the full value of promised benefits to future retirees, and additional measures will be needed in order for them to do so.
- Pension Funding Index January 2019
By Charles J. Clark, Zorast Wadia | 11 January 2019
December’s $26 billion decrease in market value brings the Milliman 100 Pension Funding Index (PFI) asset value to $1.462 trillion at year-end 2018. The Milliman 100 PFI liability value increased to $1.626 trillion at the end of December.
- Navigating retirement risks
By Kelly S. Coffing, Arthur Rains-McNally, Bret Linton, Stephanie Sent, Sarah Murray, Ryan Cook, Bruce R. Mitton, Micah Darnall | 18 December 2018
The retirement benefit is an important component of the benefits package, but most retirement plans are falling short.
- Assisting a plan sponsor with its investment portfolio using asset liability modeling
By Zorast Wadia | 12 December 2018
Milliman assists a financial services sector client in the re-risking of the plan’s investment portfolio.
- Plan termination pitfalls and how to avoid them
By Verna Brenner | 10 December 2018
Milliman worked with a family-owned integrated package and paper producer to manage, organize, and track plan termination from start to finish.
- Pension Funding Index December 2018
By Charles J. Clark, Zorast Wadia | 10 December 2018
In November, the funded status of the 100 largest corporate defined benefit pension plans improved by $7 billion as measured by the Milliman 100 Pension Funding Index (PFI).