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Farmer & Betts, Inc.
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Plumbers Local Union No. 1 Benefit Funds |
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| Pension Funding Index, August 2021 Milliman  Aug. 10, 2021 "The funded status of the 100 largest corporate defined benefit pension plans decreased by $25 billion during July ... Pension liabilities rose due to a decrease in the benchmark corporate bond interest rates used to value those liabilities. As of July 31, the funded ratio dropped to 95.8%, down from 97.1% at the end of June. The current funded ratio is still ahead of the funded ratio of 90.3% seen at the start of 2021." |
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