August 3, 2017

Funded Status of Model Canadian Pension Plan Falls in Second Quarter

Fall Due to Decrease in Benchmark Discount Rate

In today’s uncertain market environment, sponsors of Canadian multi-employer pension plans need to remain vigilant about the risks their plans face — from changes in the benchmark discount rate to fluctuations in their industry’s employment levels.

Stay up to speed on these evolving conditions with Direction, a quarterly overview of recent changes in:

  • A model plan’s assets, liabilities, and funded ratio,
  • The benchmark discount rate for determining pension liabilities, and
  • Total hours worked in select industries.

During the second quarter of 2017, the funded status of the Segal Group’s model multi-employer pension plan decreased slightly to 97 percent. How does your multi-employer pension plan’s funded ratio compare?
Segal Group professionals can help you to:

  • Project your plan’s funded ratio through asset-liability modeling, and
  • Develop funding strategies that achieve your desired funding targets.

To discuss how we can help trustees manage pension plan risk, contact your Segal consultant, Cameron McNeill or Geneviève Lussier.

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