Funded Status of U.S. Corporate Pensions Falls to 91.0 Percent, According to BNY Mellon ISSG

2014-05-07T17:34:17-07:00May 7th, 2014|Categories: Pension Funding|Tags: , |

The funded status of the typical U.S. corporate pension plan declined 1.1 percentage points in April 2014 to 91.0 percent as liabilities increased faster than assets for the second consecutive month, according to the BNY Mellon Investment Strategy & Solutions Group (ISSG). The BNY Mellon Institutional Scorecard for April noted liabilities increased 2.1 percent, outpacing the 0.9 percent increase in assets at the typical corporate plan during the month. Year to date, the funded status of corporate plans is down [...]