Aug
06
Corporate Employers Flee Pensions With Gap Topping $375 Billion
ByBooms and busts in the market made it tough for companies to keep up.
The vast majority of S&P 500 companies don’t have enough money set aside to meet all their obligations to current and future retirees. There’s a total gap of at least $375 billion for the 200 largest plans. This is how they got here…
Corporate Employers Flee Pensions With Gap Topping $375 Billion