U.S. corporate pension plans sponsored by companies in the S&P 1500 saw their estimated funding level fall by 1 percentage point in June to 109%, Mercer said.
According to Jin10, Mercer said the decline was driven by a drop in U.S. stocks.
Mercer said that as of the end of June, the estimated total surplus for these plans fell by $7 billion to $139 billion, compared with a surplus of $146 billion at the end of May.
Mercer partner Matt McDaniel said that after a strong nonfarm payrolls report in May, speculation grew that the Federal Reserve could raise interest rates later this year, which weighed on equities in early June.
STOCKS | Mercer Says U.S. Corporate Pension Funding Level Fell 1 Point to 109% in June
2026-07-14 23:27:13
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