Funded Status of U.S. Pensions Falls to 78.0 Percent in August
By R. Mitchell on Sep 07, 2011 in Money
BOSTON, Sept. 7, 2011 /PRNewswire/ — The funded status of the typical U.S. corporate pension plan in August fell 5.6 percentage points to 78.0 percent as pension plans were affected by both falling assets and increasing liabilities for the second month in a row, according to monthly statistics published by BNY Mellon Asset Management. The typical plan [...]
