Milliman analysis: Corporate pension funded ratio climbs to 92.9% in February
Share this article Share this article SEATTLE, March 8, 2021 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its latest Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. In February, corporate pension funding improved by $67 billion thanks to a 26-basis-point increase in the monthly discount rate, from January's 2.62% to 2.88% as of February 28. As a result, the funded status deficit dropped to $133 billion at month's end. Meanwhile, the market value of assets dropped by $2 billion f...