PT - JOURNAL ARTICLE AU - Zorast Wadia AU - Alan H. Perry AU - Charles J. Clark TI - 2017 Corporate Pension Funding Study AID - 10.3905/sp.2017.2017.1.051 DP - 2017 Sep 30 TA - Special Issues PG - 51--65 VI - 2017 IP - 1 4099 - https://pm-research.com/content/2017/1/51.short 4100 - https://pm-research.com/content/2017/1/51.full 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.