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J.P. Morgan Predicts Gloomy Year Ahead for Pension Plans
Pension Risk Matters 
Dec. 27, 2012
"According to ... J.P. Morgan Asset Management Strategy Group, 2013 is going to be 'grim' for pension funds after a less than jovial 2012. Citing a drop in funded status for many U.S. plans this year, 'despite a 14% stock market rally,' trouble spots are unlikely to disappear any time soon, putting continued pressure on the size of liabilities."
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