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Pension Funded Status Drops by $5 Billion in March
Milliman
Apr. 15, 2014 "The funded status of the 100 largest corporate defined benefit pension plans dropped by $5 billion during March ... The deficit increased to $266 billion from $261 billion at the end of February, due to both a drop in the benchmark corporate bond interest rates used to value pension liabilities and flat asset returns during March. As of March 31, the funded ratio fell to 84.0%, down from 84.3% at the end of February." MORE >> |
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