|PR Newswire Association LLC|
"It may be too late in the year to call it a comeback—the funding deficit for these 100 pensions has grown by more than
In September, the discount rate used to calculate pension liabilities increased from 3.99% to 4.08%, reducing the PBO to
Looking forward, if these 100 pensions were to achieve their expected 7.8% median asset return and if the current discount rate of 4.08% were to be maintained throughout 2012 and 2013, these pensions would improve the pension funded ratio from 74.5% to 75.4% by the end of 2012 and to 79.9% by the end of 2013.
For the past 12 years,
The results of the