Defined benefit plans: today's markets, tomorrow's benefit security and cost certainty 

Did you know that the financial position of most defined benefit (DB) pension plans improved over the course of 2022?

Despite unprecedented challenges caused by upheavals in global financial markets, rising inflation, geopolitical tensions and central banks continuing to raise interest rates in response to inflationary pressures, many DB plans remain well-funded in 2023, and are in better shape than they’ve been in a very along time. We see this as an opportunity for pension plan sponsors. 

Other business priorities and uncertainty on how to react can make it difficult for plan sponsors to act on the opportunities available to reduce costs, manage risks, save money and increase cost certainty, without adversely affecting employees. 

Watch this short video. In it, discover potential financial opportunities for your DB plan. Then, contact a Mercer consultant to craft your DB plan strategy for 2023 and beyond.

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