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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Milliman annual Corporate Pension Funding Study: Expected return on PFS assets assumption increases for first time in study history

By: via Business Wire

An estimated 35 companies have frozen US pension plans with excess assets

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2024 Corporate Pension Funding Study (PFS), which analyzes data for the 100 U.S. public companies with the largest defined benefit (DB) pension plans, as of their 2023 fiscal years (FY). The plans in this study represent employers across multiple business sectors, including communications, healthcare, financial services, and others. This marks the 24th consecutive year in which the report has been published.

Key findings for our 2024 annual study include:

  • The PFS funded percentage decreased slightly from 99.4% to 98.5%, primarily due to a 17-basis point decline in discount rates during 2023.
  • The PFS deficit rose from $8.5 billion to $19.9 billion, a modest increase compared to years 2008 – 2020 when the funding deficit ranged from $188 billion to $382 billion.
  • Nearly half (48) of the plans in our study are funded at 100% or greater; no plans in our study are funded below 75%.
  • The average investment return on assets was 7.2%, higher than the average expected assumption of 6.4%. Sixty-two of the Milliman 100 companies exceeded their expected returns in 2023.
  • Companies reversed a decades long trend and raised their expected rates of return assumptions on plan assets to an average of 6.4% for FY2023, as compared with 5.8% for FY2022. This is still well below the average expected rate of return assumption of 9.4% back in FY2000.
  • Contribution income was at its lowest point since 2001, with the aggregate FY2023 cash contributions for these plans at $16.5 billion.
  • Increases to fixed-income allocations and corresponding decreases to equity / other asset classes suggest plan sponsors continue to pursue investment de-risking.

“With the funded status gains seen in the first quarter of 2024, we could see some plan sponsors follow IBM’s lead in reopening their frozen defined benefit plans,” said Zorast Wadia, co-author of the PFS. “Nearly half of the companies in our study are boasting funding surpluses, and about 35 of them have frozen US pension plans with surplus funding as of FY2023 (including IBM). If these companies followed IBM’s lead and shifted their retirement spending strategies, it could free up $37.7 billion for shareholder or other business initiatives.”

To view the complete results of the 2024 Milliman Corporate Pension Funding Study, visit www.milliman.com/pfs. To see Milliman’s full range of annual Pension Funding Studies, go to https://www.milliman.com/en/retirement-and-benefits/pension-funding-studies. To receive regular updates of Milliman’s pension funding analysis, email pensionfunding@milliman.com.

About Milliman

Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.

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