Friday, October 31, 2008
The Pension Fund Problem to Come at The Brian Sullivan Blog
The Pension Fund Problem to Come at The Brian Sullivan Blog: "According to a new report from Mercer, large corporations saw their pension plans lose a collective $70 billion off their combined funded status during the volatile first quarter. Adrian Hartshorn, a principal in Mercer’s financial strategy group, pointed out that pension plans sponsored by S&P 1500 companies are now only 98% funded."
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