Many Pension Plans Are Buried In A Constant State Of Unrealistic Optimisom – But Now They Need To Get Real!
thestatedtruth.com | April 10, 2012
So…the real question is how do we fix this? As an example, Safeway faces shortfalls larger than its entire market cap, and they’re not alone in this mess. The latest data, from 2009, from the PBGC showed that these multi-employer plans were 48% underfunded with $331bn of assets to support $686bn of liabilities – and it […]
