Pensions
Corporate Pension Funded Status Ticks Up in October
Rising discount rates mostly offset both weak investment returns and declines in plan assets last month.
July sees fourth consecutive month of improved U.S. corporate pension funding.
The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.
The de-risking trend has seen equities cut in half since 2008, to around 30% of assets, and Milliman thinks that’s where it will stay.