By Greg Iacurci
Source: CNBC

Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who participate in such plans, said retirement experts.

Public companies in the S&P 500 stock index had an average pension “funded ratio” of 102% as of Sept. 21, according to data tracked by financial services firm Aon. That’s the highest level since at least the end of 2011, when the ratio was around 78%.

A funded ratio is one way to gauge pension health. It measures a company’s pension assets versus its liabilities. In other words, it assesses the money a pension has on hand versus the funds a company needs to pay future pension income to workers.

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