US - The funding levels of plans in the S&P 500 index have are saddled with pension deficits worth US$274.5bn, down from a surplus of nearly $95bn the prior year, a Wilshire Associates report reveals.
Meanwhile, in an effort to counteract growing deficits, companies poured $30bn in contributions into their pension funds, 11% more than in 2007. The report said: "The (increase) reflects a gene...
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