S&P 1500 scheme deficits fall $15bn in June

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US - The aggregate deficit of S&P 1500 pension plans fell by $15bn during June, new figures from Mercer show.

The consultant said the deficit decreased from $246bn as of May 31, 2011 to $231bn as of June 30, which corresponds to an aggregate funded ratio of just over 86% as of June 30. This compares with a...

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