Aon Analysis Shows Funded Status Of U.S. Pension Plans Falls In Q1

(RTTNews) - Aon plc (AON) on Thursday said the funded status of U.S. pension plans dropped in the first quarter of 2015 as liabilities outpaced asset growth.

As per a new analysis by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc, the funded deficit for U.S. pensions increased by $32 billion in the first quarter of 2015 and the aggregate funded ratio dropped to 82 percent in the quarter from 83.2 percent in the previous quarter.

Pension liabilities increased by 2.1 percent, or $44 billion in the first quarter, as interest rates fell, the analysis shows.

The rise in pension liabilities overshadowed the 2.27 percent returns, or $12 billion of asset growth for the same period.

Aon plc provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services.