S&P 1500 deficits rise in May

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US - The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $37bn during May, figures from Mercer show.

The shortfall grew from about $209bn as of April 30 to $246bn as of May 31, ending an eight-month run of funded status improvements. The deficit corresponds to an aggregate funded ratio of 86% as o...

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