U.S. corporate pension plan funding rises slightly in January – 2 reports
The estimated funding ratio of U.S. corporate pension plans inched upward in January as a drop in liabilities offset sluggish investment returns, two new reports from Wilshire Consulting and Legal & General Investment Management America show. Wilshire's monthly report noted that the aggregate funding ratio for U.S. corporate plans increased by 0.4 percentage points to 95.8% as of Jan. 31 from Dec. 31. The slight increase in funding resulted from a 5-percentage-point decrease in liabilities that was partially offset by...
