X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The 20 largest corporate pensions collectively contributed $37.5 billion to plans in 2017, triple what they were required to contribute under the law, according to analysis from Russell Investments.

The collective contributions were the largest on record, as sponsors were motivated to maximize tax deductions before the lower corporate tax rate delivered under the Tax Cuts and Jobs Act took affect.

Nick Thornton

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 © 2018 ALM Media Properties, LLC. All Rights Reserved.