The funded ratios for Canadian defined benefit pension plans in the S&P/TSX Composite Index saw a marginal decline during the fourth quarter of 2024, according to a report released by Aon plc on Thursday. The aggregate funded ratio fell to 105.5%, down from 105.8% in the previous quarter, though it remained higher than the 100.7% recorded at the end of 2023.
The findings were derived from Aon’s Pension Risk Tracker, which assesses the aggregate funded status of defined benefit plans for companies in the S&P/TSX Composite Index based on accounting measures.
Key highlights from the fourth quarter include:
