Published in Lab Law Weekly, July 24th, 2009
Assets for a typical moderate risk portfolio increased 0.3 percent, while liabilities rose 7.6 percent during the month. For the year through June 30, the funding ratio for the typical plan is now up 5.2 percentage points, as represented by the BNY Mellon Pension Liability Index.
"Rising stock markets improved the funded status of pension plans in March, April and May, but the rally slowed in June and...
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