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IQ: Pension Funding on Decline

Milliman recently reported findings of its pension plan index and stated that pension plan funding dropped by $7 billion in market value and had a $1 billion…

By Industry IQ | Updated on December 20, 2011

Milliman recently reported findings of its pension plan index and stated that pension plan funding dropped by $7 billion in market value and had a $1 billion increase in pension liabilities in November. The drop occurred due to investment losses.

The Pension Funding Index involves 100 of the nation’s largest benefit plans and projects the funded status for pension plans in the Milliman Pension Funding study. The 4.53 percent discount and declining assets are the contributing factors to the deficit.

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