Ending 2012 on a positive note, the funded status of a model pension plan increased by two percentage points during the four quarter, according to a new report.
Sibson Consulting, a division of the Segal Company, New York, arrives at this conclusion in the latest edition Prism, a quarterly review of pension funded status.
The report shows that the funded status of Sibson’s model pension plan rose to 75 percent from 73 percent in the fourth quarter. Accounting for the increase was a liability decrease of two percent.