SANTA MONICA, Calif., April 8, 2013 (GLOBE NEWSWIRE) -- Despite the strong performance of U.S. equity markets in 2012, the number of U.S. corporate defined benefit pensions that were underfunded remained at 94 percent -- unchanged from 2011-- as market interest rates worked against the plans' funding ratios, according to the 2013 Wilshire Consulting Report on Corporate Pension Funding Levels . This is the thirteenth corporate funding report issued by Wilshire Consulting, the institutional investment advisory and outsourced-CIO business unit of Wilshire Associates Incorporated (Wilshire®), a diversified global financial services firm.
Wilshire Consulting Report Shows 94 Percent Of Corporate Pension Plans Remain Underfunded
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