US - Exactly one year after the largest corporate pension funds touted a 100% funded status, liabilities hit a record high while solvency levels swooped to 75% last month, according to data by Milliman.
Total assets of the defined benefit schemes in the Milliman 100 Pension Funding Index totalled US$1.007trn at the end of August, while liabilities reached US$1.341trn. The August decline to 75%, fr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
