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Corporate Pension Funded Ratio at 83.7% in June as Discount Rate Hits Historic Low (PDF)
Milliman July 14, 2020 "Despite solid investment returns, June's PFI funded status worsened ... due to an 11 basis point drop in the monthly discount rate, from 2.76% in May to 2.65% for June. This month's discount rate marks the lowest observed in the 20-year history of the Milliman PFI. The PFI funded ratio for the month stayed nearly flat, inching down from 83.8% to 83.7% as of June 30." |
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