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Corporate Pension Plan Funding Levels Declined Modestly in 2012, Keeping Most Plans Considerably Underfunded, Towers Watson Analysis Finds

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Corporate Pension Plan Funding Levels Declined Modestly in 2012, Keeping Most Plans Considerably Underfunded, Towers Watson Analysis Finds Powered By Docstoc
					
				
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Description: NEW YORK--(BUSINESS WIRE)--The funded status of the nation’s largest corporate pension plans declined in 2012 as falling interest rates, which increased liabilities, offset both strong stock market returns and significant employer contributions, according to a new analysis by global professional services company Towers Watson (NYSE, NASDAQ: TW). In the first look at estimated year-end pension plan results, Towers Watson found that 2012 pension plan funding levels declined for the second consecut a
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