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Rising Interest Rates in May Drive $95 Billion Improvement in Corporate Pension Funded Status
Milliman
June 6, 2013
"The funded status of the 100 largest corporate defined benefit pension plans improved by $95 billion during May ... The deficit dropped to $226 billion from $321 billion at the end of April ... [The Pension Funding Index] funded ratio ... has surged to 86.0%, up from 81.2% at the end of April. This monthly improvement of 4.8% is the highest since the 4.9% improvement in October 2010.... [P]ension liabilities, decreased by $101 billion during May[.]"
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