The Milliman 2016 Pension Study findings uncovered some interesting new data. The 100 largest U.S. corporate pension plans, experienced a relatively small funding improvement of 0.1% in 2015. The aggregate funded ratio increased from 81.7% to 81.8% based on a $75.8 billion decrease in the market value of plan assets and a $94.5 billion decrease in the projected benefit obligation (PBO). This resulted in an $18.7 billion increase in funded status reports iHumanMedia.com. Local U.S. municipal and foreign pension funding remains unstable such as in Japan and states like Kentucky, California and New Jersey.