Corporate pension funded levels static in 2022, ending years of growth: WTW

The nation’s largest corporate pension plans lost momentum in 2022, breaking a steady streak of rising funded status levels since 2016, according to research from Willis Towers Watson PLC, reports 401K Specialist. The funded status for U.S. corporate pensions ended 2022 at 95%, which is the same level as it started the year, thanks to weak investment returns that were offset by lower pension liabilities created by higher interest rates.