Pension balance sheets stronger in 2013

2014-03-25T20:22:18-07:00March 25th, 2014|Categories: Defined Benefit Plans|Tags: , , , |

If you have a pension or expect to receive one in retirement, congratulations—you’re one of a dwindling number of Americans with access to these coveted retirement benefits.  (See this from the Employee Benefit Research Institute.) Now, a new analysis by consulting firm Towers Watson contains more good news for you: The financial health of defined benefit pension plans—which took a beating during the recession—is on the mend, which makes it more likely that your employer will deliver the promised [...]