The funded status of the typical U.S. corporate pension plan jumped to 81.2 percent in January, its highest level since March 2012.

According to the BNY Mellon Investment Strategy Solutions Group, the 4.9 percentage point rise came as rising equities markets raised asset levels and higher interest rates reduced liabilities.

BNY Mellon's research also found that assets for the typical plan increased 3 percent in January as equities markets jumped more than 5 percent in the U.S. and international developed markets. Liabilities fell 3.2 percent as the Aa corporate discount rate rose 24 basis points to 4.13 percent.

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