Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For all the talk about the fragility of the defined benefit (DB) plan, predictions of its death may have been premature. In fact, thanks to higher interest rates, improved equity returns and increased corporate contributions, many plans have come off the critical list and a few are fairly glowing from a transfusion of market gains, according to a recent analysis of Fortune 1000 companies with DB plans. That study, by Watson Wyatt Worldwide Inc., shows the number of big companies at serious risk because of underfunded pension obligations declining sharply in 2005, to 9% from 13% the year before and 17% in 2003. Even more impressive, Watson Wyatt now expects the aggregate funding status of these plans–pension assets versus liabilities–to hit 100% in 2006, up from 92% in 2005 and 82% in 2002.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.