Low Interest Rates Threatening Your Pension
By:
24/7 Wall St.
Posted on February 21, 2012 at 17:00 PM EST
Have you been wondering what these extremely low interest rates are doing to pension plans? Quite simply, they are driving up funding obligations of employers. Fitch Ratings issued a report noting that companies with underfunded pensions will remain subject to pressure going forward. Where this gets sad is that even if interest rates remain low, [...]
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