News

Fees rise for underfunded pensions

Katherine Chiglinsky, Brandon Kochkodin  |  December 15, 2017

By Katherine Chiglinsky and Brandon Kochkodin, includes "The largest pension plans held by S&P 500 companies face a $348 billion funding gap. As a result, they're paying higher annual fees to the U.S. Pension Benefit Guaranty Corp., the government agency that backstops plans. ... They've more than tripledin four years for companies including General Electric Co. and Boeing Co., according to data obtained by Bloomberg News through a Freedom of Information Act request."

Read the full article on: Bloomberg

 
 
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