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Corporate Pension Funding Status Rises to Highest Level Since 2007
Pensions & Investments Link to more items from this source
Apr. 30, 2014
"The average funding ratio for the 100 largest U.S. corporate defined benefit plans jumped to 93.5% in 2013 -- more than 10 percentage points higher than the previous two years and the highest since 2007 ... The aggregate funding deficit of the largest 100 plans shrank to $122.3 billion in 2013, from a deficit of $301.6 billion in 2012.... In an environment of higher interest rates, lower plan liabilities and higher equity returns, 97 plans increased their funded status in 2013, while 24 plans had a funding surplus, four more than in the previous year."

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