Due to hedge portfolios and growth assets, funded status rose 1% this month from 87.5% to 88.5%.
Due to interest rates and growth assets, funded status fell 3.5% this month from 91% to 87.5%.
Funded status rose 1.9% this month due to interest rates and growth assets.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%.
Discount rates and growth assets helped funded status while hedging was a detractor.
This month marks the largest monthly funded status decrease since January 2016.
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