Despite two months in a row of funded status losses, most firms that track pension funding find the average funded status is still up for the year.
Tag: DB plan funded status
Institutions that track defined benefit (DB) plans’ funded ratios measured increases or decreases in funded status as high as 1%, but noted it could have been worse if not offset by higher liability discount rates.
Most firms that track DB plan funded status estimated between 1% to 3% improvement for the year.
Firms that track DB plan funding reported increases in the month ranging from 0.4% to 1.0%.