Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Mercer: Large Pension Funded Status Rises

Your article was successfully shared with the contacts you provided.

Defined benefit pension plans at 500 large, publicly traded U.S. companies ended 2007 with a median funded status of 94%, up from 89% a year earlier.

Mercer, an arm of Marsh and McLennan Companies Inc., New York, has published those figures in an analysis of the 377 S&P 500 companies that publish information about defined benefit pension plan liabilities in the Form 10-K annual reports.

The plans reported having $1.56 trillion in assets and $1.5 trillion in pension liabilities at the end of 2007.

Sponsors invested about 60% of the plan assets in stocks, Mercer reports.

The average asset return was 9.6%, down from 13% in 2006.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.