Pension Funding Index, November 2011

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By John W. Ehrhardt, Zorast Wadia | 04 November 2011

The funded status of the 100 largest corporate defined benefit pension plans improved by $42 billion during October 2011, as measured by the Milliman 100 Pension Funding Index (PFI). The increase was primarily due to investment gains.

The funded ratio rose to 75.4% from 72.8% at the end of September and the funded status deficit decreased from $440 billion to $398 billion.

October was the first month showing an increase in pension funded status since June and the best month since January. This was favorable news in light of the $254 billion decline in the period from June 30, when the Milliman 100 PFI showed the most significant three-month deficit increase since the start of the financial crisis during the last quarter of 2008.

Read the latest Pension Funding Index »