Posts by Michael Clark

Companies are obligated to contribute at least the minimum required contribution as required by law, and for some companies that is all that they can afford to contribute. However, depending on the ultimate goals and objectives of a pension plan sponsor, there are reasons to create a contribution policy to guide budgeting and decision making to better manage funded status risk within a plan.

Take a look at any pension funded status index over the last two decades and you’ll see plenty of ups and downs, but not much overall progress.

Plan Sponsors embarking on an annuity purchase face additional uncertainty and risks due to the impact of COVID-19.