October 31, 2020

Kup

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Still not a godsend for pension money

Still not a godsend for pension money
Bad news for retirees: The anticipated increase in funding ratios is unlikely.

Bad news for retirees: The anticipated increase in funding ratios is unlikely.

The decline in life expectancy had a bright spot for retirees. This would lead to a better financial situation for the pension funds, which reduces the likelihood of pension cuts. Thanks to the stock market and low interest rates, the kite didn’t go out in September.