US - The defined benefit (DB) plans of US companies have improved their funding from 2008 lows, but still showed a funding gap of US$252bn at March 31 2010, a report from Mercer revealed.
While employer contributions amounted to $75bn and assets returned $161bn, pension deficits shrank only $14bn during the fiscal year, said Steve Alpert, consulting actuary with Mercer and primary a...
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