The funded status of the 100 largest corporate defined benefit pension plans in the United States plummeted by US$321 billion in April.

 

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Pension Funding Index, May 2013

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By John W. Ehrhardt, Zorast Wadia | 09 May 2013
The funded status of the 100 largest corporate defined benefit pension plans dropped by $37 billion in April to hit $321 billion, according to the Milliman 100 Pension Funding Index. Although investments performed well in April, the $23 billion asset increase was still not enough to offset the $60 billion increase in liabilities that occurred when interest rates fell below 4%.