The funded status of the typical U.S. corporate
pension plan rose in October, increasing by 2.9 percentage points, to 84.7%,
according to BNY Mellon Fiduciary Solutions’ Monthly Institutional Scorecard. Corporate
pensions are now up 2.4% year to date, after briefly dipping into negative
territory in September. Public plans, and foundations and endowments both
exceeded the Scorecard’s monthly return targets by 3.9% and 3.8%, respectively.Read more > |