Due to hedge portfolios and growth assets, funded status rose 1% this month from 87.5% to 88.5%.
PG&E (ticker: PCG) filed for bankruptcy - surprisingly the issuer was within the A or better rated pension liability discount rate universe within the prior 12 months.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
Due to hedge portfolios and growth assets, funded status fell .4% this month from 88.5% to 88.1%.
Due to growth assets and interest rates, funded status rose 1.5% this month from 85.4% to 86.9%.
Due to interest rates and growth assets, funded status fell 3.5% this month from 91% to 87.5%.
Due to growth assets and interest rates, funded status rose .6% this month from 86.9% to 87.5%.
Due to a decrease in rates, funded status fell 2.7% this month from 88.1% to 85.4%.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
Funded status rose 1.9% this month due to interest rates and growth assets.