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Pensions
Public Pension Plan Funded Status Increased 0.5% in Q2, per Wilshire
That makes three consecutive quarters with an increase in funded status for public plans.
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
Funded levels for US public pension funds rose nearly 2 percentage points to 78.2% during the second quarter.
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.