Other

Number of frozen defined benefit pension plans

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalHigher is better
VolatilityStable
First reportedQ4 2024
Last reportedQ4 2024

How to read this metric

An increase indicates a strategic move to reduce long-term financial obligations and volatility associated with pension funding.

Detailed definition

This metric counts the number of defined benefit pension plans that have been closed to new participants or have ceased...

Peer comparison

Common in mature industries where companies are shifting from defined benefit to defined contribution plans.

Metric ID: other_number_of_frozen_defined_benefit_pension_plans

Historical Data

1 periods
 Q4 '24
Value3

Frequently Asked Questions

What is Arthur J. Gallagher's number of frozen defined benefit pension plans?
Arthur J. Gallagher (AJG) reported number of frozen defined benefit pension plans of $3.00 in Q4 2024.
What does number of frozen defined benefit pension plans mean?
The number of company pension plans that are no longer accepting new members or accruing new benefits.