Pensions: theories of underfunding
β Scribed by Russell W. Cooper; Thomas W. Ross
- Book ID
- 117627531
- Publisher
- Elsevier Science
- Year
- 2001
- Tongue
- English
- Weight
- 170 KB
- Volume
- 8
- Category
- Article
- ISSN
- 0927-5371
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## Abstract Underfunded pension plans are a big problem. S&P 500 companies alone have a whopping pension deficit of $239 billion. Now one company, General Motors, is issuing debt to cover the gap. But should other companies do the same thing? Should you? __Β© 2003 Wiley Periodicals, Inc.__
## Abstract The authors update their recent study of underfunded pension plans, focusing on financial statement disclosures.
## Abstract Nearly twoβthirds of corporate pension plan assets were invested in the stock market when stocks plunged recently. That caused the average S&P 500 company pension planβwhich was 128 percent fundedβto be only 81 percent funded by the end of 2003. Surprisingly, many executives underestima