儘管股市強勁，美國最大企業退休金計劃的財務健康在2024年僅有小幅改善
根據WTW的分析，美國最大的企業定義收益退休金計劃的資金狀況在2024年僅小幅改善，資金狀況達到100%。
2025年1月2日，紐約（GLOBE NEWSWIRE）報導，儘管美國股市表現強勁以及長期利率上升，但根據全球顧問、經紀和解決方案公司WTW（NASDAQ: WTW）的分析，美國最大的企業定義收益（DB）退休金計劃的資金狀況在2024年僅有小幅改善。
WTW對361家贊助美國DB退休金計劃的《財富1000》公司進行了退休金計劃數據的分析，這些公司的財政年度結束日期為12月。根據估算，這些計劃在2024年底的總體資金狀況為100%，比2023年底的98%僅提高了兩個百分點。由於利率上升和退休金風險轉移活動的影響，退休金義務從2023年底的1.25萬億美元下降至2024年底的1.12萬億美元。
《財富1000》公司退休金計劃資金水平
| 年份 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024* |
|——|——|——|——|——|——|——|——|——|——|——|——|——|——|——|——|——|——|——|
| 總體水平 | 107% | 77% | 81% | 84% | 78% | 77% | 89% | 81% | 81% | 81% | 85% | 86% | 87% | 88% | 95% | 98% | 98% | 100% |
*估算數據
WTW的退休金部門董事總經理約瑟夫·甘茲（Joseph Gamzon）表示：“股市的強勁增長和上升的利率通常會有助於增強企業退休金計劃的整體財務健康。然而，今天的退休金計劃資產對股票投資的集中度較低，因為它們持有更多的債券以支持負債對沖策略，以提供資金狀況的穩定性。因此，許多計劃贊助商能夠實現資金狀況的穩定目標，同時在2024年看到退休金計劃資金的適度增長。”
根據分析，2024年退休金計劃的資產下降了8%，年末資產為1.12萬億美元。整體投資回報估計為3%，但不同資產類別的回報差異顯著。國內大型股增長了25%，而中小型股則上升了12%。長期企業債券和長期政府債券，通常用於負債驅動的投資策略，分別實現了-2%和-6%的損失。儘管整體投資回報略為正面，但年度資產的下降是由於退休金風險轉移活動的活躍以及現金貢獻低於歷史水平所致。
WTW的退休金部門董事總經理弗雷德·拉姆（Fred Lamm）指出：“隨著2025年的到來，那些未完全資助的計劃贊助商需要留意管理成本和現金貢獻的機會，包括投資策略和去風險化的措施。對於那些資金充足的計劃，贊助商應考慮如何最好地保護這項資產，以及如何在來年最佳利用盈餘來為員工福利服務。”
關於這項分析
WTW分析了361家財政年度結束日期為12月的《財富1000》公司，這些公司提供完整的數據。2024年的數據是對美國計劃資產和負債的估算，之前的數據則為實際數據。2024年年末的實際結果將在幾個月內公開。
關於WTW
WTW（NASDAQ: WTW）提供數據驅動、洞察主導的解決方案，涵蓋人員、風險和資本等領域。憑藉我們在140個國家和市場的同事的全球視野和地方專業知識，我們幫助組織優化策略、增強組織韌性、激勵員工並最大化表現。
與客戶肩並肩合作，我們發掘可持續成功的機會，並提供能夠推動變革的觀點。
—
這篇報導揭示了美國企業退休金計劃在面對股市增長和利率上升的背景下，仍然面臨著資金狀況改善有限的現實。這反映出一個重要的趨勢，即企業在退休金資產配置上越來越謹慎，將更多資金投入債券而非股票，以應對不確定的市場環境。這不僅影響了企業的財務健康，也可能對員工的退休福利產生長期影響。隨著未來的市場波動，企業如何平衡資金狀況與員工福利將成為一個重要的挑戰。
以上文章由特價GPT API KEY所翻譯及撰寫。而圖片則由FLUX根據內容自動生成。
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"intro": "Create an ultra realistic 8K UHD DSLR photo based on the attached image as a reference of facial features, maintaining 100% likeness.",
"subject": {
"identity": "A stylish beautiful woman portrayed as Cleopatra performing a sacred night-time royal dance, embodying divine seduction, power, and celestial authority.",
"angle": "Full-body high-fashion editorial portrait captured at a cinematic 3/4 angle, ultra-crisp clarity with no blur.",
"pose": {
"body_position": "She is captured mid-dance inside a temple courtyard at night, her body angled gracefully, hips grounded, torso lifted, creating a powerful and sensual silhouette.",
"movement": "Her arms are raised in slow ceremonial motion while one leg steps forward, fully revealing her feet and lower legs as part of the ritual stance.",
"expression": "A calm, hypnotic, commanding gaze directed toward the camera—quiet dominance wrapped in sensual mystery."
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"accessories": "A dramatic Egyptian ceremonial headpiece with gold and crystal detailing, an oversized layered gold collar necklace, sculpted crystal arm cuffs, finger armor rings, a crystal-and-gold waist belt, and delicate gold anklets accentuating her bare feet.",
"hair": "Her hair is sleek, glossy, and perfectly controlled, styled to balance the weight of the crystal headpiece while allowing elegant movement.",
"makeup": "Ultra-glam, colorful Egyptian night makeup—bold elongated black kohl eyeliner, intense eyeshadow layered in turquoise, emerald, sapphire blue, violet, and metallic gold. Beneath the eyes, intricate ceremonial ink drawings in fine black and gold lines inspired by ancient Egyptian markings. Skin is luminous with molten-gold highlights, brows strong and defined, lips finished in a sensual nude-bronze satin."
},
"props": {
"ritual_elements": [
"Burning incense bowls releasing thick aromatic smoke",
"Golden sistrum placed near the dance space",
"Tall ceremonial torches lining the temple floor"
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"background": {
"macro_environment": "A grand ancient Egyptian temple courtyard at night, reserved for sacred royal rituals.",
"midground_details": "Towering sandstone columns, massive statues of Isis and Hathor, carved temple walls, flowing linen drapes, and ceremonial platforms illuminated by firelight.",
"micro_elements": "Torch flames reflecting off crystal surfaces, fine dust particles glowing in the night air, incense smoke wrapping around her legs and feet, detailed stone floor textures beneath her bare feet, crystal fringe in motion, and sharply defined shadows—everything rendered in extreme detail with zero blur."
},
"lighting": {
"type": "Cinematic night lighting using torches, oil lamps, and subtle moonlight.",
"effect": "Firelight ignites the crystal bodice with prismatic sparkle while moonlight softly outlines her legs and feet, creating a dramatic, sensual, and divine atmosphere."
},
"camera": {
"camera_type": "DSLR",
"resolution": "8K UHD",
"lens": "50mm prime lens",
"aperture": "f/8 for full-body and environment sharpness",
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"shutter_speed": "1/200s to freeze elegant motion clearly",
"focus": "Extreme sharp focus on crystal bodice, facial features, legs, feet, and temple details, no bokeh, no blur"
},
"style": "Ultra high-fashion editorial, night temple ritual, all-crystal couture, sexy yet sacred, ancient Egyptian royalty reimagined, cinematic realism, extremely detailed, sharp, iconic"
}](https://ssfuture.shop/wp-content/uploads/ai_gen_1766006158-167x300.png)
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