Milliman pension funding index sees first decline in 2021

Actuarial consultant Milliman Inc. reports that, for the first time in 2021, funding levels of U.S. corporate pensions declined, reports KHQ.com. During June, pension liabilities outstripped gains in the market value of assets for PFI plans. Overall, the funded ratio slid to 97.2% in June from 98.8% at the end of May.

 

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