Powered by investment gains, level increases a half-point to 86.1%
Tag: funded status
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Funded ratio of 100 largest US corporate plans drops to 83.8% from 87.7%.
Funded rate of 100 largest DB corporate plans drops to 87.9% during month.
Funding level falls to 95% from 97%.
Unfunded liabilities nearly double in seven years to $21.2 billion.
Falling bond yields prove too much for robust asset gains.
New Pew study finds many institutional investors are reporting declining funded ratios since 2009.
New legislation seeks to shore up fund, give one-time check to retirees.
The 100 largest corporate DB plans gain $20 billion in February.
Fund’s performance last year was driven by active management decisions.