Milliman Inc. – CORPaTH

Pension Funded Status Deficit Increases By $15 Billion In April

CORPaTH2014-05-15T21:33:18-07:00May 15th, 2014|Categories: Pension Funding|Tags: Milliman Inc., pension funding|

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index (PFI), which consists of 100 of the nation's largest defined benefit pension plans. In April, these plans experienced a $21 billion increase in pension liabilities and a $6 billion increase in asset value, resulting in a $15 billion increase in the pension funded status deficit. "We keep slipping further and further away from full funding," said John Ehrhardt, co-author of the Milliman 100 Pension Funding Index. "The [...]

Pension funding status declines to start year

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index, which consists of 100 of the nation's largest defined benefit pension plans. In January, following a year of major improvement, these plans experienced a $7 billion decrease in asset value and a $60 billion increase in pension liabilities, driving a $67 billion decline in pension funded status. The blow to pension funded status follows an historic year that saw $318 billion in [...]