Rising Liabilities Drive Funding Status of U.S. Pensions Lower in June, According to Bny Mellon Asset Management

U.S. NewswireJuly 09, 2009

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To: BUSINESS EDITORS

Contact: Joe Ailinger, +1-617-722-7571, joe.ailinger@bnymellon.com

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Rising Liabilities Drive Funding Status of U.S. Pensions Lower in June, According to Bny Mellon Asset Management

BOSTON, July 9 /PRNewswire-FirstCall/ -- Falling yields on long Aa corporate bonds drove liabilities higher, causing the funded status of a typical U.S. corporate pensi...

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