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October 6, 2011, Company/Trade Group News, News

U.S. pension deficit largest since WWII—Mercer

By Editorial Staff   Wed, Oct 05, 2011

“The end of September marks the largest deficit since we have been tracking this information,” said Jonathan Barry, a partner in Mercer’s Retirement Risk and Finance business.

The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $134 billion during September, to $512 billion, as of September 30, according to new figures from Mercer.

The plan’s aggregate funded ratio was 72% as of September 30, compared to 79% at the end of August and 81% at the end of 2010. Mercer believes that the end-of-month pension funding levels for the S&P 1500 are at a post-World War II low.


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