RT Journal Article SR Electronic T1 2017 Corporate Pension Funding Study JF Special Issues FD Institutional Investor Journals SP 51 OP 65 DO 10.3905/sp.2017.2017.1.051 VO 2017 IS 1 A1 Zorast Wadia A1 Alan H. Perry A1 Charles J. Clark YR 2017 UL https://pm-research.com/content/2017/1/51.abstract AB Milliman’s Pension Funding Study analyzes the largest corporate pension plans sponsored by 100 U.S. public companies. In 2016, these pension plans experienced a $21.7 billion decrease in funded status, the result of a $54.0 billion increase in the projected benefit obligation (PBO) that was only partially offset by a $32.3 billion increase in the market value of plan assets. As a result, these Milliman 100 plans finished off the year with a funded ratio of 81.2%, down from 81.9% the year before. But the $21.7 billion deterioration and incremental drop in funded status mask a year that experienced volatility across the board for pension plans.