black and blue dial labeled Pension (Photo: Shutterstock)

The increase in interest rates seen in 2022 has improved pension funded status and provided attractive yields for sponsors wanting to de-risk by increasing their allocation to fixed income, according to a new report.

A decade of volatile stock markets, including markets during a once in 100-year pandemic, reveals growth in U.S. corporate pension funded status. MetLife Investment Management (MIM), the institutional asset management business of MetLife, estimates that as of Nov 7, 2022, the average U.S. corporate pension funded status rose to 106.3% — the highest in 10 years. The quarter-end average was 104.7%, which is 4.0% above the end of the second quarter.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.