Hewitt Associates Inc. has developed a new retirement security benchmark.
Hewitt, Lincolnshire, Ill., a human resources firm, will be publishing the Pension Surplus Index, a set of charts that will compare the assets and liabilities of defined benefit pension plans for several different groups of companies, including Fortune 500 companies and FTSE100 companies.
Researchers will use “mark to market” methods to update the charts daily, Hewitt says.
Market commentators and others can use the charts to talk about the effects of charges in interest rates and other changes on the funded status of large pension plans, Hewitt says.