The funded status for pension plans continued to move upward for the second straight month, according to data released Tuesday by Mercer.
According to the consulting firm’s findings, the deficit in pension plans sponsored by S&P 1500 companies decreased by $56 billion to $373 billion at the end of October, resulting in a funded status of 78%.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access