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Funding status of US pensions falls
05 January 2012
The decline in funding status in 2011 was the second biggest calendar year decline
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BNY Mellon
pensions
asset management
A sharp bounce in liabilities in December resulted in a 2.7% point decrease in the funding status of the typical US corporate pension plan, according to BNY Mellon Asset Management.
For the year, the funding status declined 12.7% to 72.4%. The decline in funding status was the second biggest calendar year decline since BNY...
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