The Pension Plan Funding and Management Policy can be an effective roadmap for measuring a defined benefit (DB) plan’s funded status and determining when it is expected that the plan will achieve the funded status goal. Leveraging this policy is also a robust way to monitor the health of a DB pension plan on a regular basis.
This webinar provided a snapshot view of the funded position and contribution requirements of a DB pension plan, a look at historical risk assessments providing a retrospective view of financial trends and a look at dashboard metrics that provide a prospective view of the viability of a DB pension plan and form the basis for the plan management component. The session also discussed funding policy guidance recently issued by the American Society of Actuaries.
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