Archived Insight | April 16, 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.
The information and opinions herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. This article and the data and analysis herein is intended for general education only and not as investment advice. It is not intended for use as a basis for investment decisions, nor should it be construed as advice designed to meet the needs of any particular investor. On all matters involving legal interpretations and regulatory issues, investors should consult legal counsel.
