The company said that the median solvency ratio of defined benefit plans in its database ticked upward to 119 per cent at the end of June, meaning more than half had a surplus of funds.
The company estimated that 85 per cent of the plans in its database were in a surplus position at the end of the second quarter, up from 83 per cent in the previous quarter. Market conditions have been favourable to defined benefit plans, Mercer said, but risks remain with inflation still above central banks' target ranges.
Source: Healthcare Press (healthcarepress.net)
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