Pension Funding Shortfall Shows Minor Improvement

Pension funding among companies of the S&P 500 showed a slim improvement last year, a May report from Standard & Poor’s, “S&P 500 2010: Pensions and Other Post-Employment Benefits (OPEBs)” shows. The pension funding rate inched up from 81.7 to 83.9 percent with a corresponding decline in the overall shortfall from $261 to $245 billion.

Read more... | Source: The Big Fat Finance Blog.