In spite of inflation, supply chain disruptions, and multiple COVID-19 surges, corporate pension plans may end 2021 with the highest aggregate funded status in decades fueled by the increase in asset values and a decrease in liabilities. Legislation also provided welcome cash funding relief and increased flexibility.
So, as we head into 2022 with a strong labor market and a reviving economy, can we expect another year of double-digit gains?
Our speakers will discuss:
2021 investment returns
Interest rate changes and the impact on pension liabilities
Pension funded status
The outlook for 2022
Jeff Gabrione, CFA | Jeff heads Buck’s U.S. manager research function within the Investments group and is responsible for manager due diligence and investment research across all asset classes. With more than 30 years of investment industry experience, including manager research and guidance, he works with consultants and clients on asset allocation and portfolio construction.
Scott Kropf, FSA, CFA, EA, FCA, MAAA | Scott is a Principal and Growth Leader for Buck’s U.S Wealth Practice. He oversees growth efforts by championing new ideas and thinking to support Buck’s consultants and clients. Scott has also been consulting with clients on all aspects of their retirement programs for more than 30 years and is an advisor to Buck’s Office of the Chief Actuary.