Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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How Did DB Pension Liabilities Become So Huge?
The Wall Street Journal; subscription may be required Nov. 13, 2012 "According to actuarial consulting firm Milliman Inc., the 100 largest defined-benefit corporate pension plans were underfunded by $453 billion at the end of September, a 30% increase from a year earlier. And with the Federal Reserve expected to keep interest rates low until at least 2015, few are expecting the pension deficits to close soon.... While potentially painful in the short-term, moves to address their pension shortfalls, such as shifting billions of dollars of obligations to insurance companies ... or offering lump-sum payments to retirees ... could help companies in the long term." |
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