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Pension funding levels improve.

Publication: Westchester County Business Journal
Publication Date: 24-JAN-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Pension funding levels improve.(Human Resources)

Article Excerpt
Defined benefit pension plans offered by Fortune 100 companies were 88 percent funded on average, at year-end 2004, up from 84 percent funded at the end of 2003, according to estimates by Towers Perrin.

The improved funding picture reflects solid investment returns in 2004 as well as increased contributions by plan sponsors. Even with this improvement, however, Towers Perrin estimates that...

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