dial with the word Pension Milliman’s pessimistic forecast looks rather different, anticipating a 3.64 percent discount rate at the end of 2018 and a rate of 3.03 percent by the end of 2019, as well as 2.8 percent annual returns. (Photo: Shutterstock)

There was good news, and there was bad news for corporate pensions’ funded status last month.

While there was a four-point decrease in the monthly discount rate—the bad news—market gains mostly offset it, although the end result was still a drop in funded status of $2 billion for the month.


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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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