Articles | July 24, 2020
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.
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.
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