SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

S&P 1500 Pension Funding Level Rose 1 Point to 113% in September

Marsh estimated that pension plans sponsored by S&P 1500 companies were 113% funded at September-end, up 1 percentage point. Higher discount rates drove the increase, slightly offset by weaker equity markets.

SPSUPX

Marsh estimated that pension plans sponsored by S&P 1500 companies were 113% funded at the end of September, up 1 percentage point for the month. Higher discount rates drove the increase, partly offset by declines in equity markets.