The pension funded status of the nation’s largest corporate sponsors
reversed direction in 2014, dropping nine percentage points as falling
interest rates (which increased liabilities) and the impact of new
mortality tables partially offset strong returns on pension plan assets,
according to a new analysis by global professional services company
Towers Watson (NYSE, NASDAQ: TW).
The Towers Watson analysis examined pension plan data for the 411 Fortune
1000 companies that sponsor U.S. tax-qualified defined benefit pension
plans and have a December fiscal-year-end date.
for Corporate Pension Plan Funding Levels Declined in 2014, Reversing Much of 2013 Gains, Towers Watson Analysis Finds investment picks