Business NewsPR NewsWire • Funding Status of U.S. Pensions Falls to 86.3 Percent in April, According to BNY Mellon Asset Management

Funding Status of U.S. Pensions Falls to 86.3 Percent in April, According to BNY Mellon Asset Management

Funding Status of U.S. Pensions Falls to 86.3 Percent in April, According to BNY Mellon Asset Management

BOSTON, May 10 /PRNewswire-FirstCall/ -- A plunge in the Aa corporate discount rate in April drove liabilities higher and the funded status lower for the typical U.S. corporate pension plan, according to monthly statistics published by BNY Mellon Asset Management.  The funded status in April de

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