« Fortune Magazine Names Hilb Rogal & Hobbs One of America's Fastest Growing Companies | Main | CAHI Releases Comparison of Presidential Health Plans »
August 26, 2004
40 companies sitting on pension time bombs
Thanks to robust stock returns since the lows of mid-2002, a serious problem weighing on many companies has simply vanished from public debate: Their massively underfunded pension plans.
Over the past two years, pension portfolios inside companies have risen sharply along with the market, sweeping under the rug concerns about looming retirement-plan shortfalls.
But severe turbulence in the airline sector may soon change all that, moving the menace of bankrupt pension plans squarely back into the spotlight.
If so, many of your stock holdings could be at risk as companies are forced to shore up pension plans. We’ll get to potential problem companies in a moment, and the best ways to spot them. But first, a little background on what’s brewing.
This is a great article everyone should read
Read the full article here
Posted by Tom Troceen