Funded Status of Pensions Increased by $3 Billion in October

In “Milliman analysis: Corporate pension funded ratio above 91% for the second straight month”, Milliman reports that:

“The funded status of the 100 largest corporate defined benefit pension plans improved by $3 billion during October as measured by the Milliman 100 Pension Funding Index (PFI). The deficit declined modestly to $126 billion from $129 billion at the end of September, due to a robust investment gain of almost 2.4% during October. The PFI funded ratio increased to 91.9% from 91.5% at the end of September.”

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