The funded status of U.S. corporate pension plans saw a sharp downturn in January, though by just how much depends on whom you ask.
According to Wilshire Consulting, an institutional investment advisor, the funded ratio – which measures the amount by which assets exceed a plan's obligations – fell by 3.5 percent to 74.3 percent.
The BNY Mellon Investment Strategy and Solutions Group said the situation was worse, calculating the drop at 4.9 percent. The upside is that ISSG put the funded level at 82.4 percent — a far cheerier number than that provided by Wilshire.
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