Sentences with phrase «funded status»

"Funded status" is a term that refers to the financial health or condition of a company's pension plan. It indicates whether the plan has enough money (assets) to cover its obligations (liabilities) to current and future retirees. A fully funded status means the plan has enough assets to cover the promised benefits, while an underfunded status means there is a shortfall and the company needs to contribute more money to meet the obligations. Full definition
The uptick in funded status is welcome news for plan sponsors.
And as for maintaining fully funded status, well this is precisely what's at issue.
We are brilliant at funding the status quo, but not so good at creating the solutions needed to resolve the problem of proper supports for small and solo practitioners.
However, over the long term, increasing or decreasing projected investment returns can have a profound effect on plan funded status and overall health.
But charters are now so well established that they are fighting back against the second - class funding status that states and school districts have assigned them.
Nothing improves your retirement funding status more than extending your working life.
For example, give one user the ability to make funding requests, and give another user the ability to view fund status.
Given all that and everyone's comments, it obviously depends on the math of one's circumstances, their emergency fund status, etc..
The most important measure of our success is our fully funded status, meaning that we have enough assets to deliver on all our pension obligations, now and in the future.
Looking at the actuarial funded ratio for state and local pension plans, the aggregate funded status of these plans has significantly declined over the last 15 years despite equities attaining all - time highs in recent periods.
OPTrust introduced its member - driven investing strategy two years ago — as a mature public sector plan with 90,000 members, the move has helped put the focus on funded status rather than returns as a true measure of the plan's health.
Aldeman: The initiative would also require state and local governments to prepare detailed funding status reports, which the California Legislative Analyst's office estimates could cost tens of millions of dollars.
In fact, the DBRS study found that under a scenario of reasonable market returns and an increase in interest rates of 1.5 percentage points, the average pension fund (mostly in the private sector) in its study may be able to return to fully funded status by 2014.
Favorable equity market and interest rate forces resulted in a 2 % increase in the average U.S. pension plan funded status during April.
Spruiking his project's crowd - sourced funding status, eco-horror maestro Andrew Traucki (Black Water; The Reef) gives us an in - production glimpse of his latest thriller, The Jungle.
«For the 69 U.S. corporate sponsors that participated in the CEM database in 2007 and 2008, the average decline in funded status over 2008 was 30 %,» the analysis points out.
The data reveals that there is in fact a stronger correlation between funded status and hedge ratio than for fixed income allocation.»
According to the analysis, faced with the dual goals of closing funding shortfalls and reducing pension plan risk, data from close to 100 U.S. corporate pension plan sponsors shows plan sponsors have chosen to retain much of the risk and to let funded status guide their de-risking programs.
Stewart Lawrence, senior vice president and head of the Retirement Practice at Segal Rogerscasey, commented on pension plans» significant exposure to interest rates: «The significant increase in funded status caused by rising interest rates demonstrates the typical plan's exposure to the uncompensated risk of interest rate movements.
Importantly, according to researchers, the increase in funded status experienced in the last year by U.S. corporate DB plans resembles a similar increase seen in 2013.
For the first time since 2013 (when rates rose and equity markets cooperated), funded status meaningfully improved.
Crucially, much of the positive impact of asset returns simply offset the headwinds to funded status seen from «interest cost, service cost, the drag from outflows for benefit payments and, importantly, actuarial losses from lower discount rates.»
If sponsors make very large contributions again in 2018, and equity and bond returns rebound from first - quarter performances that were well below expectations, plan sponsors could be in for another year of funded status gains.
Ofcom may have also been swayed by the fact that the standards expected of the BBC are high as a result of its worldwide reputation and publicly funded status.
Generated and analyzed Cost Performance Report, Contract Fund Status Report, and Contract Cost Data Report and EACs.
While Brown, a partner with McLeish Orlando LLP, described the amendments as a «step in the right direction,» he tells Global that well - advised drivers will still be able to reach plea deals to avoid the most significant consequences, thanks in part to the under - funded status of traffic courts.
Briefed leadership monthly on status of financial execution and recommended projects to fund Responded to higher echelon inquiries on funding status
Instead of funding the status quo, we only invest in reform that raises student achievement.»
The way the current Comptroller seeks to maintain «fully funded status» is to take its current shortfalls and pay for them later.
In fact, for the first time since 2009, actuarial gains / losses were not the leading driver in funded status changes; net asset returns (asset returns in excess of interest cost) were.
«Institute research finds about 1 in 3 employer - sponsored pensions have a funding status of 80 percent or more.
Calper's resultant return expectation has been lowered by 0.5 % to 6.5 % to reflect the more conservative asset allocation, leaving their funded status at an unimpressive 68 %.
Click here to see the details on the «funded status» of GM's pension obligations for the 2004 fiscal year.
The funded status of public pension plans has been a frequent topic in the news in recent years.
Over the past several years, connecting asset allocation to funded status has become standard practice for pension funds.
When examining startups» funding status, another interesting pattern emerged.
Only how is that an honest accounting of our pension system's funded status?
While Topics in Human Genetics focused my attention on the issues involved in one particular area of science, the second course that influenced my appreciation for ethics was appropriately named Bioethics, one of the core courses all students at Meharry must take regardless of department or funding status.
The other factor to consider is the funding status of teacher pension plans.
My impression, based on the past 30 years, is that the federal government is likely to be hoodwinked, to be taken in by fads, to fund the status quo with a new name, or to impose a heavy regulatory burden on those who seek its largesse.
Gates has created a website that shows the funding status for pension obligations and retiree health - care benefits for each state.
This small school serving the villages of Priors Marston and Priors Hardwick became independent in 1996, when the council decided to end its state - funded status.
Yet, despite these skyrocketing pension contributions, the funded status of pension plans has continued to plummet according to reports from the Civic Committee.
Only 18 states made their full «required» contribution into their pension fund in 2010, the last year for which figures are available.By the way, the «percent funded» column in this chart is from funds» own generous assessments of their funded status.
Using a more conservative market - based projection of investment returns lowers the funding status considerably in each pension system.
Stand - alone Academies and all those in an umbrella trusts are the only schools that have separate legal and funding status.
As funds don't earn enough to pay the benefits, their funded status worsens.
Equity prices have strongly recovered, bringing some benefit to funded status, but the pension plan sponsors still have faced periods of unprecedented volatility, a prolonged slowdown in global growth, and historically low interest rates.
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