By Jean-Pierre Aubry, Alicia Munnell and Kevin Wandrei, includes “… Projections suggest that plan finances will continue to decline in the wake of the downturn, but that – on the whole – plans can endure and will maintain sufficient assets from which to pay benefits. However, some plans with extremely low funded ratios face an increased risk of exhausting their assets and the high cost of pay-go funding if they do.”
Read the full article on: Boston College Center for Retirement Research