US pension plans regain some lost ground

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US - The funding of large pension plans improved in 2003 on the back of stronger investment returns and the nearly US$72bn contributed by employers to their plans during the year, according to consultants Watson Wyatt.

And they estimate that the 622 companies surveyed will contribute another $40bn to their plans during 2004. The funded status of large company pension plans improved from an average of 82% in 20...

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