US Corporate Pension Funding Rebounds from May Drubbing
The funded status of the 100 largest corporate DB plans edged higher to 88% in June.
The funded status of the 100 largest corporate DB plans edged higher to 88% in June.
Improvement boosted by strong investment returns during the month.
Increased contributions and stress tests are key to Hawaii’s financial health.
Wilshire Consulting’s managing director calls the month’s 1.9 percentage point dip the ‘largest pull back’ since June 2016.
Funded status up nearly 5% from November 2016.