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Pension funding ratios hit 112.8% as discount rate lowers liabilities: Milliman

Posted On: Nov. 7, 2022 9:19 AM CST

U.S. corporate pension plans' funding ratios now exceed 110% thanks to rising discount rates bringing down pension liabilities, Pensions & Investments reports. Actuarial consultant Milliman Inc., in its latest report of the Milliman 100 Pension Funding index, said the estimated funding ratio reached 112.8% as of Oct. 31, up from 108.8% as of Sept. 30.