U.S. corporate pensions see record underfunding

Newswire

March 29 (Reuters) - The 100 largest pension funds run by public U.S. companies had a record funding shortfall of $326.8 billion at the end of 2011, as sagging stock prices and low interest rates combined to lower investing returns and increase liabilities, a report released on Thursday by pension consulting firm Milliman said. The shortfall at the 100 funds, which collectively manage about $1.2 trillion, means companies either will need to pour in billions more dollars of cash or press for ...

Premium Content (PAID Subscription Required)

"U.S. corporate pensions see record underfunding" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×