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For the lucky few, corporate pension plans have left some employees feeling secure about their retirement, a rare experience after the economic wreckage of the pandemic.
Corporate pension plans saw significant improvement in 2021, driving their aggregate funded status — or the financial ability of the pension plan to cover intended expenses and costs in the future — to its best level since before the 2008 financial crisis, according to an analysis by Willis Towers Watson.
Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.
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