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CORPORATE PENSION CRISIS

The U.S. is going through a corporate pension crisis. Of the roughly $2.3 billion in U.S. corporate pension plans, roughly $500 billion sits in so-called frozen pensions that cap their benefits and or no longer accept new employees or contributions. And amid the market rout, pension funds are increasingly running huge deficits that will require companies to dip into their profits to make up that funding gap. Companies are searching for creative solutions to those problems.

Corporate Pension Crisis is part of Business Exchange, suggested by Adrienne Carter. This topic contains 390 news and 86 blog items. Read updated news, blogs, and resources about Corporate Pension Crisis. Find user-submitted articles and reactions on Corporate Pension Crisis from like-minded professionals.

Reference

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Motorola Announces Cost Reduction Actionsmore

today announced additional actions to further reduce costs amid continuing global economic challenges.

G.M.’s Pension Fund Stays Afloat, Against the Oddsmore

When any pension fund fails, usually as part of a bankruptcy, the government takes over its assets as well as its...

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