The aggregate funded ratio for U.S. corporate pension plans losta bit of ground in October, according to investment consulting andservices firm Wilshire Consulting.
While asset values increased, they were outpaced by liabilityincreases, resulting in the funded ratio falling to 85.0 percent.
“We estimate that overall, the asset value increased by 1.4percent due to positive returns for most asset classes, while theliability value increased by 1.7 percent during the month due tofalling corporate bond yields,” stated Jeff Leonard, managingdirector, Wilshire Associates, and head of the Actuarial ServicesGroup of Wilshire Consulting, in a statement.
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