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PENSION PROTECTION
PENSION PLANS PENSION FACTS SERVICES |
Simple ways to find out if your pension’s outlook is for smooth sailing or heavy weather approaching. We are often asked the same urgent question: How can I determine whether my pension plan is in trouble? So we’ve created a simple system based on basic weather forecasting to help you rate your plan.
The best single indicator of a plan’s financial health is its Funding Percentage. Look at Form 5500, or your plan’s Annual Report, to find your plan’s funding percentage. A fully funded plan will have a funding percentage of 100%.
Once you know your specific plan’s Funding Percentage, your plan can be classified as one of the following: SUNNY: Little Danager of Pension loss OVERCAST: Some Pension Risk THUNDERSTORMS:Considerable Pension Risk HURRICANE: Imminent Pension Risk | |
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RESOURCES
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