TITLE

The New Pension Game

AUTHOR(S)
Shepher, Bill
PUB. DATE
January 2006
SOURCE
Investment Dealers' Digest;1/23/2006, Vol. 72 Issue 3, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the corporate pension plan reforms in the U.S. for the year 2006. Although, the plans of some well-managed firms are comfortably in surplus, the Pension Benefit Guaranty Corp., the government-run insurer of private pension plans, estimates that the U.S. corporations overall owe their plans some $450 billion. Now hundreds, if not thousands, of pension plans are in deficit, especially in manufacturing and among the air-lines. Corporate executives have been hanging on, hoping that a stock market boom and rising yields would bail them out.
ACCESSION #
19511973

 

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