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'$20 Billion Club' Sees Record Plunge in Contributions for 2019, While Both Assets and Liabilities Peak Again
Russell Investments 
Mar. 4, 2020 "Contributions to large pension plans plunged in 2019, nearly matching their lowest point in the past 15 years. Russell Investments began tracking a group of 20 publicly listed U.S. corporations with pension liabilities in excess of $20 billion in 2005. Dubbed the $20 billion club, these large plans saw contributions in 2019 similar to 2008 amid the global financial crisis. This year's analysis also reveals assets experienced a significant increase in 2019, rising 9.6% on average over the year." |
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