pension fund performance 2023 - Search
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  2. Around 9%

    After a slow start to the fiscal year, we estimate that a typical public pension plan will have experienced a return of around 9% for fiscal 2023 (see methodology sidebar below), which equates to a 2% gain for the year above the 7% return assumption. We expect fiscal 2024 funded ratios to be near 70% barring an unusual market movement.
    www.spglobal.com/ratings/en/research/articles/230711-u-s-public-pension-fiscal-2023-update-funded-ratios-stable-inflation-retreats-and-pob-issuance-stops-12787619
    www.spglobal.com/ratings/en/research/articles/230711-u-s-public-pension-fiscal …
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  3. People also ask
    How will the pension fund ratio change in 2023?The funded ratio for U.S. state and local pension plans will increase slightly from 74.9% in 2022 to 78.1% in 2023. The last few months of the 2023 calendar year saw stronger investment performance compared to prior months.
    How much will a pension plan return in fiscal 2023?After a slow start to the fiscal year, we estimate that a typical public pension plan will have experienced a return of around 9% for fiscal 2023 (see methodology sidebar below), which equates to a 2% gain for the year above the 7% return assumption. We expect fiscal 2024 funded ratios to be near 70% barring an unusual market movement.
    What is the average annual return for public pensions in 2023?Then using the median assumed annual return of 7% for U.S. public pensions, we calculated the return expected to have been achieved as of June 30, 2023, so that their difference may illustrate the high return volatility within a single year of issuance. Source: S&P Global Ratings. As of June 30, 2023.
    Are public pension plans overperforming their own assumed return in 2023?Equable estimates this helped public pension plans average a 7.47% return for the 2023 fiscal year, overperforming the average 6.9% assumed rate of return. However, just 53% of public pension plans beat their own assumed return for 2023.
     
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