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Corporate Pensions See Surprising $93 Billion Funding Gain in March
Milliman
Apr. 8, 2020 "Corporate pensions in March experienced a $93 billion increase in funded status, despite deteriorating economic conditions and in the midst of the global COVID-19 pandemic that brought heavy investment losses.... March's funding improvement was the direct result of a massive surge in the monthly discount rate, from 2.69% to 3.39%." MORE >> |
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