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Are Pension Funds Drifting Towards Disaster?
Pension Pulse 
[Opinion] Sept. 4, 2008
Excerpt: Do you remember the last great pension debacle? Following the tech meltdown, many defined benefit pension plans began to accumulate large deficits because of stock market losses in 2000 through 2002. Despite a rebound in equity prices from 2003 to 2005, pension deficits continued to soar as lower interest rates dramatically increased the value of pension liabilities. Well, if you thought that was a tough period for pension funds, get ready for the disaster that will rock global pension funds in the next three years and probably even longer.
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