Comments on: Corporate Pension Plan Shortfall – The Next Crisis? http://www.darwinsfinance.com/corporation-pension-shortfall-crisis/ Financial Evolution: Education, Adaptation, Achievement Mon, 06 Feb 2012 15:43:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Latanya Castillahttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-8471 Latanya Castilla Wed, 25 May 2011 20:37:05 +0000 http://www.darwinsfinance.com/?p=960#comment-8471 Hello, you used to write great, but the last several posts have been kinda boring… I miss your great writings. Past few posts are just a little out of track! come on! Hello, you used to write great, but the last several posts have been kinda boring… I miss your great writings. Past few posts are just a little out of track! come on!

]]> By: Carnival of Money Hackers – 81st Editionhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1931 Carnival of Money Hackers – 81st Edition Thu, 10 Sep 2009 00:08:41 +0000 http://www.darwinsfinance.com/?p=960#comment-1931 [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s [...] [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s [...]

]]> By: Carnival of Personal Finance 221- Labour Day Edition | Financial Highwayhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1922 Carnival of Personal Finance 221- Labour Day Edition | Financial Highway Tue, 08 Sep 2009 06:05:53 +0000 http://www.darwinsfinance.com/?p=960#comment-1922 [...] from Darwin’s Finance presents Corporate Pension Plan Shortfall – The Next Crisis?, and says, “This article outlines the next crisis to hit US corporations, stock prices, and [...] [...] from Darwin’s Finance presents Corporate Pension Plan Shortfall – The Next Crisis?, and says, “This article outlines the next crisis to hit US corporations, stock prices, and [...]

]]> By: Best Personal Financial Planning Articles | Personal Investment Management and Financial Planning Blog Directoryhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1902 Best Personal Financial Planning Articles | Personal Investment Management and Financial Planning Blog Directory Fri, 04 Sep 2009 22:29:46 +0000 http://www.darwinsfinance.com/?p=960#comment-1902 [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s Finance, saying, “This article warns of the coming corporate pension [...] [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s Finance, saying, “This article warns of the coming corporate pension [...]

]]> By: FastSwingshttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1901 FastSwings Fri, 04 Sep 2009 17:21:08 +0000 http://www.darwinsfinance.com/?p=960#comment-1901 <strong>Stock Market Fast Swings from Fastswings.com - September 3, 2009...</strong> Welcome to the September 3, 2009 edition of Stock Market Fast Swings from Fastswings.com.This week we have some good material including an article from 20smoney on the Apple Strategy vs. Son...... Stock Market Fast Swings from Fastswings.com – September 3, 2009…

Welcome to the September 3, 2009 edition of Stock Market Fast Swings from Fastswings.com.This week we have some good material including an article from 20smoney on the Apple Strategy vs. Son……

]]> By: Make Your Own Designer Clothes? The Price of Fashionhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1864 Make Your Own Designer Clothes? The Price of Fashion Thu, 03 Sep 2009 00:51:14 +0000 http://www.darwinsfinance.com/?p=960#comment-1864 [...] Darwin’s Finance: Corporate Pension Plan Shortfall – The Next Crisis? [...] [...] Darwin’s Finance: Corporate Pension Plan Shortfall – The Next Crisis? [...]

]]> By: 52nd Bankruptcy & Debt Carnival- Now Online!http://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1818 52nd Bankruptcy & Debt Carnival- Now Online! Mon, 31 Aug 2009 19:42:04 +0000 http://www.darwinsfinance.com/?p=960#comment-1818 [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s Finance, saying, “This article warns of the coming corporate pension [...] [...] presents Corporate Pension Plan Shortfall – The Next Crisis? posted at Darwin’s Finance, saying, “This article warns of the coming corporate pension [...]

]]> By: Weakonomics Links: The Next Financial Crisis? | Weakonomi¢shttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1742 Weakonomics Links: The Next Financial Crisis? | Weakonomi¢s Fri, 28 Aug 2009 15:04:11 +0000 http://www.darwinsfinance.com/?p=960#comment-1742 [...] Corporation Pension Shortfall Crisis [...] [...] Corporation Pension Shortfall Crisis [...]

]]> By: Darwinhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1733 Darwin Fri, 28 Aug 2009 00:51:27 +0000 http://www.darwinsfinance.com/?p=960#comment-1733 Hi Jim, More recently in 2008, $280 billion short. However, that was BEFORE the worst of the decline that extended into this year, so the number is likely much worse now. Additionally alarming is the short period of time they have to rectify the situation. The 800 companies' pension plans, as of Nov. 30, had aggregate assets covering about 80 percent of projected liabilities, down from 97 percent in September, Mercer reported. I can only assume that number is much less than 80% now. source: http://www.bloomberg.com/apps/news?pid=20601109&sid=aBAw1CQXcZMg&refer=home Hi Jim,
More recently in 2008, $280 billion short. However, that was BEFORE the worst of the decline that extended into this year, so the number is likely much worse now. Additionally alarming is the short period of time they have to rectify the situation. The 800 companies’ pension plans, as of Nov. 30, had aggregate assets covering about 80 percent of projected liabilities, down from 97 percent in September, Mercer reported. I can only assume that number is much less than 80% now.

source: http://www.bloomberg.com/apps/news?pid=20601109&sid=aBAw1CQXcZMg&refer=home

]]> By: Jimhttp://www.darwinsfinance.com/corporation-pension-shortfall-crisis/#comment-1732 Jim Thu, 27 Aug 2009 22:54:21 +0000 http://www.darwinsfinance.com/?p=960#comment-1732 I don't think this is anywhere near the level of something like the subprime mortgage crisis. Of the biggest pensions with over 1000 participants: In 2006 : 47% of pensions were funded 100% or more, 47% were funded 75-99% and only 6% of pensions were funded under 75%. Thats the latest data I can find. At the time there was about $2.4Trllion in private defined pensions. I'm guessing the total amount that the pensions are underfunded would be in the $250-$750B ballpark. Thats a lot of money but if you consider that corporate profits are in the ballpark of $1.5Trillion ballpark then it doesn't seem quite as much. My employer is >100% funded as of a few months ago. .-= Jim´s last blog ..<a href="http://feedproxy.google.com/~r/FreeBy50/~3/ZyA-LA8zt1A/how-much-does-watering-my-lawn-cost.html" rel="nofollow">How Much Does Watering My Lawn Cost?</a> =-. I don’t think this is anywhere near the level of something like the subprime mortgage crisis.

Of the biggest pensions with over 1000 participants:
In 2006 : 47% of pensions were funded 100% or more, 47% were funded 75-99% and only 6% of pensions were funded under 75%. Thats the latest data I can find. At the time there was about $2.4Trllion in private defined pensions.

I’m guessing the total amount that the pensions are underfunded would be in the $250-$750B ballpark. Thats a lot of money but if you consider that corporate profits are in the ballpark of $1.5Trillion ballpark then it doesn’t seem quite as much.

My employer is >100% funded as of a few months ago.
.-= Jim´s last blog ..How Much Does Watering My Lawn Cost? =-.

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