2025 Mercer Argyle CFO Survey Results Analysis

This document is a report detailing the findings from Part One of the 2025 Mercer/Argyle CFO Survey, which focuses on how organizations are refining their defined benefit (DB) plan designs in response to evolving workforce and financial goals. The survey included responses from 173 senior financial executives managing DB plans across various US industries. The report outlines a significant shift in attitudes towards DB plans, with many organizations moving away from termination towards modernization and strategic intent. It highlights the increasing consideration of hybrid models and market-based benefit formulas as organizations seek to balance financial responsibility with employee-centric approaches. The report also discusses the impact of rising Pension Benefit Guaranty Corporation (PBGC) premiums on funding policies and the importance of transparent communication strategies in managing plan changes. Additionally, it notes the growing involvement of boards and audit committees in overseeing DB plan strategies, reflecting a broader integration of retirement planning into organizational culture and business objectives.