The estimated aggregate funded status of pension plans sponsored by S&P 1500 companies rose in 2015.

According to data from consultant firm Mercer, decreases in equity and fixed income markets were more than offset by increases in the interest rates that are used to calculate corporate pension plan liabilities.

That resulted in an increase of 3 percent in funded status, as of December 31, 2015, to 82 percent. On December 31, 2014, funded status only reached 79 percent. That means the deficit of approximately $504 billion at the end of 2014 was cut by about $100 billion to $404 billion.

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