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Public Pension Funded Ratio Ticks Up at End of April (PDF)
Milliman
May 22, 2023 "[T]he Milliman 100 PPFI funded ratio rose from 74.5% at the start of the month to 74.8% as of April 30, improving the plans' funded status by a modest $10 billion.... Combined, the plans added approximately $34 billion in market value in April, offset by a net negative cash flow of $9 billion. The number of plans below 60% funded (24 plans) or above 90% funded (17 plans) remained unchanged compared to March." MORE >> |
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