Many of the 19 largest U.S.-based corporate defined-benefit plans are not expected to increase their plan contributions in 2015, according to a report from Russell Investments.
This comes in spite of seeing an average drop of more than 6 percent in their funding status.
In public disclosures, 15 of the 19 largest sponsors of traditional pension plans have already said they will not be required to contribute any significant amount to their plans in 2015.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
