X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Pension plans sponsored by S&P 1500 companies saw a $41 billion drop in their pension deficits in October, according to Mercer. The deficit went from about $512 billion at the end of September 2011 to $471 billion at the end of October. Pensions were funded at a ratio of 75 percent as of Oct. 31, compared to a funded ratio of 72 percent at the end of September and 81 percent on Dec. 31, 2010.

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.