Pension liabilities of the 100 largest corporate defined pension plans decreased by $28 billion in November, while assets increased by $5 billion, according to new data by Milliman.

That brings the Milliman 100 Pension Funding Index funded status deficit to $466 billion and a 74 percent funded ratio.

November's funded status improvement was primarily due to an increase in the corporate bond interest rates that are the benchmarks used to value pension liabilities. As of Nov. 30, 2012, the funded ratio climbed to 74 percent, up from 72.6 percent at the end of October 2012.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.