X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Actuarial firm Milliman blames the 3 percent drop in funded status among S&P 1500 companies' plans on Brexit. (Photo: iStock)

Reports continue to relate the fall in funded status of U.S. corporate pensions, with Milliman Inc. reporting a $46 billion decrease in June — thanks likely to Brexit — and the BNY Mellon Institutional Scorecard reporting a 4.0 percent surge in liabilities during the month, along with heightened volatility.

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.