A look at defined benefit plans of Canadian companies in the S&P/TSX 60 index.
Up and down: Total assets rose about 8% in 2014, to C$158 billion (US$136.4 billion). The aggregate funding ratio for companies in the index fell 4.4 percentage points.
Rate drop: The discount rate used to measure pension obligations in 2014 fell 72 basis points to 3.99%.
Asset shift: Equity allocations fell as Canadian pension plans shifted assets to fixed income and alternatives.
Source: Company reports
Compiled and designed by Timothy Pollard, Aaron M. Cunningham and Gregg A. Runburg