The funded status of the Russell 3000 pension plans increased bymore than 17 percent in the past year to 94 percent, according toJ.P. Morgan Asset Management.
The company estimates that the funded status of these plans willincrease to 96 percent by the end of December 2013, driven bystrong growth asset returns and a decrease in the discounted valueof liabilities.
According to J.P. Morgan, in the past year, one plan in fivewent from underfunded to overfunded. In 2007, before theeconomic crisis hit, one-quarter of U.S. pension funds wereoverfunded, but J.P. Morgan believes that these plans are evenhealthier now than they were back then.
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