A survey of private and 'public' US pension funds has found that the problems associated with mainta...
A survey of private and 'public' US pension funds has found that the problems associated with maintaining benefits payments is likely to remain over the longer term even if US and international stock markets recover from the current downturn, according to consultant Mercer. The problem stems from the sheer number of people expected to retire as the baby-boomer generation hits 60-plus, which has already pushed many company pension funds to become worth more than the companies paying into them. As the size difference increases and the number of people expecting benefits payments...
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