Corporate Pensions Finished 2012 with Highest-Ever Deficits
Post Views 0this article is about the corporate pensions. article says that corporate pensions are finished in 2012 with highest ever deflicts. article also states that The aggregate deficit in pension plans sponsored by large U.S. companies (the S&P 1500) increased by $73 billion to a record year-end high of $557 billion as of Dec. 31 2012, according to HR consultancy Mercer. This compares to an aggregate pension deficit of $484 billion at year-end of 2011.
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Corporate Pensions Finished 2012 with Highest-Ever Deficits