◀ The Principal Blog

Posts tagged ‘Liability-driven investing’

PBGC: A Four-Letter Word to Plan Sponsors



The noble mission of the Pension Benefit Guaranty Corporation (PBGC) is to pay benefits to the orphaned retirees of failed defined benefit (DB) plans (with some limitations). To date, they have taken responsibility for about 4,500 single employer DB plans, covering the shortfalls between benefits…

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Be an Elephant with your defined benefit plan – don’t forget!



2013 was a great year for defined benefit (DB) plans.  A recent report by Mercer said that pension plans of the S&P 1500 companies are now 95% funded, up from 74% a year ago.  Fueled by record high stock market levels, strong contributions by plan sponsors and modest increases in interest…

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