U.S. corporate pension funding increases cushion in June

U.S. corporate pension plan funding ratios jumped further above 100% in June, driven by strong equity markets, according to three new reports.

Wilshire Advisors estimated the aggregate funding ratio of U.S. corporate plans vaulted 2.3 percentage points to 103.5% as of June 30.

The increase was driven primarily by increases in asset values, while liability values remained relatively unchanged.