The funded status in October of the average U.S. corporate pension plan fell to 89.5 percent, down 0.4 percent from September, according to figures released Wednesday by BNY Mellon's Investment Strategy and Solutions Group.
On Tuesday, Wilshire Consulting released even worse figures, calculating the aggregate funded ratio at only 85 percent and falling in October by 0.3 percent.
Both BNY and Wilshire noted that liabilities increased faster than assets during the month.
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