Pension Plan Funding Increases in September

In “Milliman analysis: Corporate pension funded status improves by $26 billion in September, the best month of 2014 so far”, Milliman indicates that the funded status of large companies’ defined benefit plans improved by $26 billion during September. Milliman reports that “The deficit dropped to $253 billion from $279 billion at the end of August, primarily due to an increase in the benchmark corporate bond interest rates used to value pension liabilities.”

To read more, click here.