The WTW Pension Index declined slightly in August 2023. The decrease was a result of negative investment returns, almost totally offset by a decrease in liabilities due to an increase in discount rates. As a result, the August 31, 2023 index level of 107.8 reflects a decrease of 0.1% for the month.
Pension Finance Watch is designed to support our clients in the ongoing financial management of their U.S. retirement plans. The report tracks the value of the WTW Pension Index in a series that was initiated in 1990.
The index reflects the asset/liability performance of a hypothetical benchmark pension plan, and provides an indicator of capital market effects on pension plan financing. Individual plan results will vary based on such factors as portfolio composition, investment management strategy, liability characteristics and contribution policy.
|U.S. Pension Finance Watch – August 2023