Filed Under:Markets, Company News

Milliman: Funded Status Decline Pushes Pension Deficit to a Record $533 Billion

Photo credit: Stuart Miles
Photo credit: Stuart Miles

Pension liabilities swelled by $133 billion in July, according to a new report.

Milliman Inc., Seattle, published this finding in its annual study of the 100 largest defined benefit pension plans sponsored by U.S. public companies. The Milliman 100 Pension Funding Index projects the funded status for pension plans included in the study, the plans reflecting the impact of market returns and interest rate changes on pension funded status. The study uses actual reported asset values, liabilities, and asset allocations of the companies’ pension plans.

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Nichole Morford

Nichole Morford
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