Mercer Pension Health Pulse

The financial health of defined benefit (DB) plans remains strong in Q2 2024, leaving plans’ overall funded positions in a similar position to the beginning of the quarter.

The Mercer Pension Health Pulse (MPHP), a measure that tracks the median solvency ratio of the defined benefit (DB) pension plans in Mercer’s pension database, is 118% as at March 29, 2024, an improvement from 116% at December 31, 2023.

The Mercer Pension Health Pulse (MPHP) shows that plans’ funded positions weakened in Q4, but showed an overall improvement over 2023

The Mercer Pension Health Pulse (MPHP) shows that defined benefit pension plans continued to improve in Q3 amid high inflation and continued recession fears

The Mercer Pension Health Pulse (MPHP) shows that defined benefit pension plans end Q2 in a stronger position than they began it.

The Mercer Pension Health Pulse (MPHP) finds that despite market volatility, DB pension plans’ financial positions continue to improve. Many Canadian DB pensions have demonstrated resiliency and many plans continue to be in better health.

As 2022 draws to a close, defined benefit (DB) plans enjoy funded positions even stronger than they enjoyed at the beginning of the year.