Archived Insight | April 15, 2020

Our Model Pension Plan Funded Status Plummeted in Q1 2020

During the first quarter of 2020 (Q1), the funded status of the model pension plan examined in each issue of Prism fell by 9 percentage points, to 76 percent.

This drop is primarily attributable to a 12 percent asset loss, heavily influenced by the recent COVID-19 outbreak.

A 1 percent decrease in liabilities, due to an increase in corporate bond yields slightly offset the impact of the asset loss.

Get the Publication

pension plan funded status q1 2020 Download Now

Have questions? We have answers.

See how we can help. 

Speak With Us

See more insights

Businessman Working With Laptop While Sitting In Office

Treasury Proposes Rule on Automatic Enrollment

Sponsors of "new" 401(k) and 403(b) plans: Learn about this guidance so you can decide whether to comment by the March 17, 2025 deadline.

Compliance, Retirement, Multiemployer Plans, Public Sector, Healthcare Industry, Higher Education, Architecture Engineering & Construction, Corporate

Read Full Insight

Pregnant Businesswoman Writing On A Blackboard

2025 PBGC Premium Filing Is Due One Month Earlier

See the new filing date based on your plan year start date.

Retirement, Compliance, Multiemployer Plans, Healthcare Industry, Higher Education, Architecture Engineering & Construction

Read Full Insight

Children With Grandfather Having Fun On A Winter Day

Social Security Benefits Will Rise for Some Retirees

Sponsors of Public Sector Plans: Learn About the Implications of the Social Security Fairness Act of 2024

Compliance, Retirement, Public Sector

Read Full Insight

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.