S&P pension deficits down $14bn

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US - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $14bn during February, figures from Mercer show.

The consultant said the deficit fell from $270bn on January 31 to $256 billion as of February 28, 2011. This corresponds to an aggregate funded ratio of 85% as of February 28, compared to a funded ...

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