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May 13, 2011 at 08:00 PM
The funded status of big U.S. defined benefit pension plans has improved in the past year, but the recent drop in interest rates could cause new problems.
Analysts at Milliman Inc., Seattle, have reported those findings in their latest pension funding report.
The analysts create the report by analyzing data from 100 large U.S. pension plans.
The plans’ funded status increased to 87.2% at the end of April, up from 82.7% a year earlier. The plans’ cumulative asset return was about 10% over that period.
