Pension Indicator Updated for October 31, 2015

Welcome to the new and improved Pension IndicatorTM! We now have our own landing page here at so be sure to come check us out each month with the latest information on the changing funded status of your pension plan.

If this is your first time visiting our site, we hope you find it informative. Our goal is to provide you with solid information, in an easy-to-understand format, to help you mitigate exposure by monitoring the estimated changes to your pension plan's funded status.

We realize there are many different types of pension plans and at various points in their life cycle. In addition, investment strategies can vary from aggressive portfolios to customized liability driven investing (LDI) models. We attempt to show the impact of these various combinations in an easy-to-read graph.

If you are following us from our first home at, we are very excited to be working with Hartland to provide you even more accurate information. As part of our new roll-out, we are utilizing more sophisticated asset allocations and portfolio models to bring even more precision to the process. Moving forward, Findley Davies and Hartland will both be providing commentary on what we see happening in the pension world and there is no shortage of news right now.

If you are interested in learning more about all of the mortality table updates and law changes, you can join us for a webcast on November 18th at 2 PM Eastern. A recording of the webcast will be available a few days later.

With that introduction, October was a winning month for US pension plans. What do we mean by that? We mean that almost every plan, regardless of plan design and investment strategy, improved its funded position during the month. US pension funding has not yet recovered from the beating it has taken for large chunks of this century (at this point this is more a function of historically low interest rates, as we have been on a bull run for over six years) and October’s positive results were necessary just to offset the net negative position for the first nine months of this calendar year. With less than two months remaining in the year, most plan sponsors would be quite content with a year with no negative impact from the pension plan.

Finally, if you want to bookmark this page, our landing site here will always contain the most recent information. If you want to review an older version of the Pension IndicatorTM, you can scan our archive of previous issues.

We thank you for visiting us and hope you will come back next month!

This email address is being protected from spambots. You need JavaScript enabled to view it. or Hartland to discuss this information further.


Calendar Year-to-Date Investment Mix (Equity/Fixed Income)
Plan TypeAggressiveBalancedLDI LiteLDI
 Frozen (for several years) 0.4% 0.1% -0.5% -1.3%
 Recently Frozen 2.0% 1.7% 1.1% 0.3%
 Ongoing Traditional 3.9% 3.5% 2.9% 2.2%
 Cash Balance 0.6% 0.3% -0.3% -1.1%
Month-over-Month Investment Mix (Equity/Fixed Income)
Plan TypeAggressiveBalancedLDI LiteLDI
 Frozen (for several years) 4.4% 3.4% 2.5% 1.1%
 Recently Frozen 4.3% 3.3% 2.4% 1.0%
 Ongoing Traditional 4.2% 3.3% 2.3% 0.9%
 Cash Balance 4.3% 3.4% 2.5% 1.1%
12-Month Change Investment Mix (Equity/Fixed Income)
Plan TypeAggressiveBalancedLDI LiteLDI
 Frozen (for several years) 2.0%  2.2% 2.2% 2.3%
 Recently Frozen 2.6% 2.8% 2.8% 2.9%
 Ongoing Traditional 3.2% 3.4% 3.5% 3.5%
 Cash Balance 2.0% 2.2% 2.2% 2.3%