Home > Pensions > July 2012 pension funding index roundup

July 2012 pension funding index roundup

By Javier Sanabria


Pension Funding Index, July 2012

"Milliman analysis: Pension funded status drops by $57 billion in June, $186 billion in second quarter of 2012"

Storified by Milliman, Inc. · Tue, Jul 17 2012 11:04:27

Last week Milliman released the results of its latest Pension Funding Index, which consists of 100 of the nation’s largest defined benefit (DB) pension plans.

In June, these pensions experienced a $57 billion decrease in  funded status based on a $77 billion increase in the pension benefit obligation (PBO) and a $20 billion increase in asset value. The $57 billion decrease in funded status pairs with the combined April and May decreases of $129 billion, increasing the funding deficit by $186 billion during the second quarter.

Read more about this month’s Pension Funding Index here:
Milliman – Employee Benefits – Pension Funding IndexMilliman analysis: Pension funded status drops by $57 billion in June, $186 billion in second quarter of 2012 The funded status of the 10…
Also, feel free to download a PDF of the Index here:
Pension Funding Index, July 2012 – Milliman InsightPension Funding Index, July 2012 Abstract The funded status of the 100 largest corporate defined benefit pension plans dropped by $57 bil…
Our press release for July’s Index was published by CNBC, Market Watch Yahoo! Finance, and elsewhere.
Milliman analysis: Corporate pensions see $186 billion deficit increase during 2nd quarter of 2012 Plunging discount rates drive up pension liabilities by $77 billion in June, swamping asset improvement and capping bad quarterSEATTLE, July 9, 2012 /PRNewswire via COMTEX/ — Milliman, Inc., a premier global consulting and actuarial firm, today released the resul…
Milliman analysis: Corporate pensions see $186 billion deficit increase during …The results of the Milliman 100 Pension Funding Index were based on the actual pension plan accounting information disclosed in the footn…
Milliman analysis: Corporate pensions see $186 billion deficit increase during 2nd quarter of 2012SEATTLE, July 9, 2012 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its l…
Meanwhile, the Wall Street Journal, Business Examiner, Business Insurance, Employee Benefit News, Plan Adviser, and Proformative published original stories citing the new Index.

Click the links below to read their articles.

MARKET TALK: Spending Concerns Weigh on Adtran, Networking Firms – WSJ.com15:47 EDT – Adtran’s (ADTN) 2Q results and weak spending outlook could set the tone for other names in the networking space, Raymond Jame…
Corporate pensions see $186B deficit increase in Q2The nation’s 100 largest defined benefit pension plans experienced a $57 billion decrease in funded status during June based on a $77 bil…
Pension plan funding levels plunged in June: MillimanFunding levels of pension plans sponsored by large publicly-held U.S. employers plunged in June as lower interest rates fueled a rise in …
PLANADVISER.com – Pensions See Near Record Funding Deficit in JuneJuly 10, 2012 — Plunging discount rates drove up pension liabilities in June, swamping asset improvement and capping a bad second quart…
Corporate Pension Funding Gap Increased in Q2 | ProformativeGovernment pensions isn’t the only sector that is seeing some distressing deficit figures. A new report from actuarial consulting firm Mi…
News of the Pension Funding Index has been shared on Twitter as well.
Only $415B short…Who wants to retire anyway? Pension plan funding levels plunged in June: Milliman http://www.businessinsurance.com/article/20120709/NEWS03/120709911Bill Purmort
Insurance Talk: Pension plan funding levels plunged in June: Milliman http://ht.ly/1ldRByIncisive Business
Pension plan funding levels plunged in June: Milliman http://p.ost.im/p/ewrLaVInsurance News Index
Pension plan funding levels plunged in June: Milliman: Funding levels of pension plans sponsored by l… http://bit.ly/RS8zYw #jpwtweetsJason White
Pension plan funding levels plunged in June: Milliman http://www.businessinsurance.com/article/20120709/NEWS03/120709911Jerry Geisel
Pension plan funding levels plunged in June: Milliman – Funding levels of pension plans sponsored by large publicly-… http://ow.ly/1ldS0xMarketing Division
Milliman – Employee Benefits – Pension Funding Index http://www.milliman.com/expertise/employee-benefits/products-tools/pension-funding-index/index.phpTom Watson
Milliman’s monthly Pension Funding Index projects the funded status for pension plans included in the Milliman Pension Funding Study, reflecting the effect of market returns on plan assets and the impact of interest-rate changes on plan liabilities.

Milliman’s 2012 Pension Funding Study analyzes the 100 largest US corporate pensions. In 2011, these pensions were defined by record-low discount rates, which led to record-high pension liabilities and a $326.8 billion pension funding deficit. Read the study here:

Pension Funding StudyDecline in discount rates drives pension plans to record deficits in 2011 Impact of declining discount rates evident in 2011 financial st…
More about Milliman and employee benefits:
Milliman – Employee BenefitsWe are pioneers in the retirement plan industry, providing unparalleled benefits consulting and administration to employers for more than…
About Retirement Town HallRetirement Town Hall is a blog sponsored by Milliman Inc. that provides timely, useful information for employee benefits practitioners, e…
About Milliman Inc. and our insight.
Milliman – About usMilliman is among the world’s largest independent actuarial and consulting firms, with revenues of $723 million in 2011. Founded in Seatt…
Milliman Insight – HomeMilliman’s Insight online presents the firm’s thought leadership on a range of topics, including healthcare, employee benefits, property …

Pensions

Categories: Pensions Tags:
  1. No comments yet.
  1. No trackbacks yet.
You must be logged in to post a comment.