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Compass
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Even a 20,000 Dow Won't Wipe Away Pension Problems
The Wall Street Journal; subscription may be required Dec. 14, 2016
"Even with November's gains, corporate pensions were left with a $414 billion funding deficit, $10 billion larger than it was at the end of last year ... The largest corporate-pension funds lost more than $300 billion during the 2008 downturn ... and that loss wiped out the previous five years of gains.... Companies in the S&P 1500 have contributed $550 billion into their pension plans between 2008 and Nov. 30 of this year ... Even with those contributions, their funded status was 81.3% as of Nov. 30."
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