A solid investment performance in 2013 led to “notable improvement” in the funding status of multiemployer plans, according to Milliman’s inaugural Multiemployer Pension Funding Study.
Funding shortfalls declined by $45 billion in 2013, and the aggregate funding percentage increased from 72 percent in 2012 to 81 percent in 2013.
Liabilities, in the form of accrued benefits, actually increased by $14 billion to $585 billion.
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