Bottom Line: In the end, individuals, either as taxpayers or consumers, will pay the bill. The reality is just as our children may not 'have it as good' as we did, our
retirement may not be as 'good' as our parents.The full May 19, 2008 S&P research paper S&P 500 2007: Pensions and Other Post Employment Benefits, complete with issue level data is available herePENSIONSEquity issues in general are in much better shape with respect to their pensions than the public sector.
The reason simply is that they are required to be so under statute. As a group, S&P 500 issuers returned to their fully funded status with $1.5 trillion in assets, which was $63 billion over their $1.44 trillion in obligations. Funding improved to 104% from 97%, but remained well below the 128% level at the end of Bull Market in 1999. Over funded plans increased to 36% of the issuers, from 23% last year. Discount rates rose for the third year in a row, and now stand at 6.13%, compared to 5.75%, with the chan
We're looking for passionate and enthusiastic individual to be the Guide to the
retirement Planning site on About.com!What sort of information do we want the new Guide to provide?Well, we're...
A defined benefit
retirement or pension plan is becoming more and more obsolete in favor of defined contribution plans. There are, however, several companies that still offer these plans to...