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Strong Investment Gains Fail to Boost US Corporate Pensions in 2020

Strong Investment Gains Fail to Boost US Corporate Pensions in 2020 Despite returns of nearly 13%, US corporate plans’ funded level remained flat for the year, thanks to falling rates, Willis says. Despite earning double-digit investment gains last year, the nation’s largest corporate pension plans saw their aggregate funded level remain flat for the year as growing pension obligations, spurred by falling interest rates, canceled out the strong returns. Based on pension plan data for 366 Fortune 1000 companies that sponsor US defined benefit (DB) pension plans with a fiscal year ending in December, the aggregate pension funded status was an estimated 87% at the end of 2020, unchanged from the end of 2019, according to analysis from Willis Towers Watson. And this was after the plans’ investments returned an average of 12.9% during the year.

TodoCaballo | Caballos de Mijas en la élite de los campeonatos de doma clásica

TodoCaballo | Caballos de Mijas en la élite de los campeonatos de doma clásica
canalsur.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canalsur.es Daily Mail and Mail on Sunday newspapers.

Protestors show support for restaurants in Downtown Ventura

Senerey de los Santos / KEYT Senerey de los Santos / KEYT Senerey de los Santos / KEYT VENTURA, Calif. - A group of protestors peacefully assembled in Downtown Ventura to express their support of local restaurants on Friday. Hundreds gathered to buy food from the restaurants, bringing their own lawn chairs and choosing to sit out in the street to eat. “We came to support the local businesses,” said Janine Angeles, who lives in Ventura. “It is really sad to see all these businesses close and they can’t pay their employees. “Our businesses, our restaurants, are being harassed and being shut down even though they complied with orders,” said Monica Martin, a resident of Ventura County. “We want our communities to survive and to thrive.”

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