The New Pension Game

Shepher, Bill
January 2006
Investment Dealers' Digest;1/23/2006, Vol. 72 Issue 3, p22
Trade Publication
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.


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