"Pension interest rates tumbled another 0.40%, bringing the year-to-date decline to almost a full 1.00%.... [L]iabilities for most plans will have increased substantially during 2020.... While asset allocation plays a role, most plans probably saw their funded status stay the same over the month of July; however, due to the drop in interest rates this year, funded status has most likely deteriorated year-to-date."  MORE >>