U.S. corporate pension fund deficit continues to grow

03/25/2013 | Pensions & Investments (free registration)

The total funding deficit for the biggest 100 corporate pension funds in the U.S. grew to an all-time high in 2012, despite record contributions by employers, according to a report by consulting firm Milliman. Businesses made $61.5 billion in contributions last year, 10% above the 2011 figure. At the same time, the aggregate funding deficit rose to $388.8 billion.

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