Pension Funding Index, October 2010
08 October 2010
The funded status of the 100 largest U.S. corporate defined benefit pension plans, as tracked by the Milliman 100 Pension Funding Index, improved in September, with the deficit declining to $393 billion from the previous $460 billion. The improvement, attributable to strong investment performance and an increase in interest rates, marks the largest one-month increase in Milliman 100 PFI funded status since September 2005.