Corporate Pension Problem:Can You Spare $40 Billion?

Workforce Management reports:

The funded status of the U.S. defined-benefit plans of companies in the Standard & Poor’s 500 index was 86 percent. That means an aggregate underfunding of $160 billion as of mid-November, estimated Michael A. Moran, vice president-portfolio strategist at Goldman Sachs Group in New York.

In contrast, at the end of 2007, the U.S. plans of the S&P 500 companies were 108 percent funded for a surplus of $95 billion, he said.

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