A new Milliman analysis indicates that the 100 largest corporate defined benefit pension plans improved by some $45 billion last month. If the numbers and external factors hold steady, Milliman predicts the funded status of those plans would increase through 2013.
The projected benefit obligation, or pension liabilities, of the Milliman 100 pension funding index companies decreased by $30 billion last month, the company reports, from $1.808 billion to $1.778 billion. Milliman says the change came from a moderate increase in the monthly discount rate.
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