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Funded Status of Pension Plans Drops in U.S., Canada, Eurozone
Pensions & Investments
Oct. 31, 2012 "The typical funding ratio of U.S. defined benefit plans dropped to 73% from 75%, while Canadian plans dropped to 83% from 87%. The greatest decline of eurozone countries was the Netherlands, where the typical funding ratio dropped to 80% from 96% because of drops in the discount rates used to measure liabilities.... The typical funding ratio in the U.K. improved to 92% from 89%." MORE >> |
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