Archived Insight | July 24, 2020

Our Model Pension Plan Funded Status Improved Slightly in Q2

During the second quarter of 2020 (Q2), the funded status of the model pension plan examined in each issue of Prism improved by 1 percentage point, to 79 percent.

This increase in funded status is primarily attributable to a 13 percent asset gain offset by a 12 percent increase in liabilities, related to a decrease in corporate bond yields.

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Webinar: How Do State Employee Health Benefits Compare?

See how your state employee health benefits compare to your peers. Our May 1 webinar features insights on health plans in all 50 states.

Health, Public Sector

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The Era of Financial Well-Being Is Here

Learn how financial well-being benefits help employees reduce financial stress and save for retirement in the latest Retirement Plan Insider podcast.

Retirement, Podcast

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IRS Provides Relief for Certain 2024 RMDs

The relief is for 2024 RMDs to beneficiaries of participants who died in 2020, 2021, 2022 or 2023 after their required beginning dates

Retirement, Compliance, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

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This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.