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Pension Funding Update, June 2020
River and Mercantile Solutions 
June 8, 2020 "Market volatility continued throughout the month of May as the world continues to deal with the COVID-19 pandemic. The equity rally that began in April continued through the month of May, with most indices seeing continued recovery from March lows. Pension interest rates ended the month relatively flat, so for many plans, the equity gains would have outpaced liability growth and funded status should have improved." |
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