By: Rebecca Moore
Source: Plan Sponsor
The aggregate funded ratio for U.S. defined benefit (DB) pension plans sponsored by S&P 500 companies increased by an estimated 0.1 percentage point month-over-month in May to end the month at 94.2%, according to Wilshire.
The monthly change in funding resulted from a 0.6 percentage point increase in asset values partially offset by a 0.7 percentage point increase in liability values. The aggregate funded ratio is estimated to have increased by 6.4 and 13.5 percentage points year-to-date and over the trailing 12 months, respectively.