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Funded status of model pension plan up 5 percent for year

The model pension plans funded status is a dramatic improvement from its 77 percent funded status at the end of 2012.

By Paula Aven Gladych | Updated on January 24, 2014

The funded status of the model pension plan examined each quarter by The Segal Group rose 5 percentage points to 98 percent in the fourth quarter of 2013, thanks to asset increases.

The model pension plan’s funded status is a dramatic improvement from its 77 percent funded status at the end of 2012.

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