WSJ reports the nation's largest corporate pensions had record losses in October and won't meet federal-funding requirements without a massive infusion of cash, improved asset values or a change in law. In October, the 100 largest corporate pensions lost $120 billion, their largest one-month loss in assets since consulting co Milliman began tracking the numbers eight years ago. After adjusting for liability gains, the net result was a $59 billion loss in funded status. "There will definitely be companies in this group which, without relief or massive contributions, will have to freeze their plans, probably by Oct. 1 next year," said John Ehrhardt, principal and consulting actuary at Milliman in New York. He said the pension of the average company in the index was 100% funded in January, but is expected to fall to 76% by the end of this year. If the value of assets doesn't increase or the Pension Protection Act funding rules aren't changed, pensions may end up being frozen and benefits may be affected, he said.