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Corporate Pension Funded Status Drops by $16 Billion in July (PDF)
Milliman 
Aug. 6, 2015 "The funded status of the 100 largest corporate defined benefit pension plans worsened by $16 billion during July ... The deficit rose to $261 billion primarily due to a decrease in the benchmark corporate bond interest rates used to value pension liabilities.... As of July 31, the funded ratio declined to 84.8%, down from 85.5% at the end of June. This breaks the upward momentum from the second quarter of 2015 where the funded ratio had increased for three consecutive months." MORE >> |
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