Corporate pension funding status rises to highest level since 2007

2014-05-02T00:38:36-07:00May 2nd, 2014|Categories: Pension Funding|Tags: , |

The average funding ratio for the 100 largest U.S. corporate defined benefit plans jumped to 93.5% in 2013 — more than 10 percentage points higher than the previous two years and the highest since 2007, according to Pensions & Investments’ annual analysis of corporate SEC filings. “I would not be surprised if the funding ratio exceeded 100% by the end of this year,” said Andrew Wozniak, the New York-based head of fiduciary solutions, in the investment strategy and solutions group [...]