States Chronicle - Latest Breaking World News

Sunday, January 24, 2021
Log in
  • About Us
  • Contact Us
  • Authors
  • Investor Relations
  • Privacy
  • Terms of Use
  • Latest News
    • Right Colors for your Skin Tone
    • MOST ACTIVE NASDAQ After-Hours
    • iPhone 5C Release Date
    • Samsung Galaxy S5 Release Date
    • The History of the Atkins Diet

Corporate Pension Funding is down to the Falling Interest Rates

May 1, 2013 By Georgia Dawson Leave a Comment

Email, RSS Follow

The corporate pension funds in the United States have been leveled down in response to the falling interest rates. The short fall in this regard has risen for the 2nd straight year due to which a number of people linked to the sector are concerned about the consequences of this trend. The strong stock market together with the hefty plans have failed in terms of offsetting the damages that have been inflicted onto the sector. This news and analysis has been released by Towers Watson. The pension funding sector is indeed important for all those who make use of the pensions in terms of making a living for themselves.

The fall of the sector would be a chaos for all those who are dependent on the sector for their bread and butter. It is a fact that there are some businesses in the United States which are still progressing to higher levels, but at the same time, there are those organizations which are about to bankrupt all because of their leveled out credits. In such times, the government needs to take some strategic measures for the purpose of making things a bit better for the sector. At the same time, steps and measures are also needed in terms of the economic outlook of the company which is indeed in a hectic state at the present times.

This gap in between what these companies owe towards the retried workers would be notched up to a level of about 17 % to an amount of about $ 295.2 billion. In comparison to the past, these companies were marked for having a pension surplus of about $ 86 billion in the year 2007, but here the opposite seems to be true now. In lines to this, it can also be termed that the Obama administration is not doing too well after all despite of being selected for the 2nd term.

The discount rate is brought to use in terms of the calculation of the liabilities of the pensions. Towers Watson said in this regard that the 4 consecutive years in terms of the falling rates of interest have managed to push the liabilities 40 % higher due to which the companies have been left some large amount of deficits than before.

Email, RSS Follow

Filed Under: Business

About Georgia Dawson

What Georgia best loves about journalism is the intricacies of covering a story. Following a lead, talking to people or conducting under-the-hood investigations is what fuels Georgia’s drive for this profession.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 30 other subscribers

Doom and MiniDoom 2

Volunteer-Based Mexican Studio Releases Sidescrolling Doom Clone

March 12, 2018 By Georgia Dawson Leave a Comment

Chinese Mom and locked iPhone.

Toddler Locks Chinese Mom Out of Phone for Half a Century

March 9, 2018 By James Faulkner Leave a Comment

Alexa laughing

Amazon Alexa Laughing out of the Blue Puzzles Engineers

March 8, 2018 By Jack M. Robinson Leave a Comment

Flippy and the Burgers

Meet Flippy, World’s First Fast-Food Robotic Chef

March 6, 2018 By Georgia Dawson Leave a Comment

System Shock

System Shock Remastered Delayed, Nightdive Studios CEO Announces

February 19, 2018 By Janet Vasquez Leave a Comment

Sea of Thieves.

Sea of Thieves Optimized for Low-End PCs

February 14, 2018 By Georgia Dawson Leave a Comment

Sony and VR

Sony Touts New Generation of VR Controllers

January 31, 2018 By Deborah Cobing Leave a Comment

YouTube

YouTube Stiffens Its Monetization Policy to Discourage Spammers and Bad Actors

January 18, 2018 By Georgia Dawson Leave a Comment

Google Art Doppelganger

Google App Can Now Show Your Art Doppelganger

January 15, 2018 By Troy Rubenson Leave a Comment

YouTube mobile app logo on a smartphone

YouTube Now Enables Vertical Videos on iOS

December 24, 2017 By Janet Vasquez Leave a Comment

Samsung Galaxy S2 with a shattered screen

Cracked Smartphone Screens Are a Thing of the Past – Self-Healing Polymer Gets Fixed Just by Pressing It

December 20, 2017 By Janet Vasquez Leave a Comment

Bing logo on a white background

Bing Improves Its Search Results with the Help of AI and Reddit Integration

December 16, 2017 By Janet Vasquez Leave a Comment

White hashtag on a blue background

Follow Your Interests on Instagram by Directly Following Hashtags

December 14, 2017 By Janet Vasquez Leave a Comment

Samsung Galaxy S7 Edge on a leather seat

Samsung Galaxy Smartphones Make More People Happier as Compared to iPhones

December 13, 2017 By Janet Vasquez Leave a Comment

Related Articles

  • United Airlines Held Accountable for Dog Death

    United Airlines Under Fire after Dog Dies in Overhead Bin

    Mar 14, 2018
  • google self-driving car

    Waymo’s Driverless Technology Is Still Not Ready For the Roads Yet

    Nov 2, 2017
  • gasoline tanks

    White House Advisor Gary Cohn Reboots Plans for Increasing Gas Tax

    Oct 29, 2017
  • traffic jam

    Singapore to Implement Stringent Rules in 2018 to Curb Car Pollution Growth

    Oct 25, 2017
  • Native American Tribe Invokes Sovereign Immunity to Sue Microsoft, Amazon over Patents

    Oct 20, 2017
  • sundar pichai

    Job Seekers to Benefit Training Thanks to Grow with Google Program

    Oct 15, 2017
  • alibaba headquarters

    Alibaba Will Allot $15 Billion to Abroad Research and Development Center

    Oct 12, 2017
  • warehouse with boxes

    Amazon Restricts Dependence on Third-Parties with Its Own Delivery Services

    Oct 7, 2017
  • remote control

    Disney and Altice Agree on New Programming Deal to the Benefit of New Yorkers

    Oct 2, 2017
  • Vinyl

    Sony Wants to Revive Vinyl Production in Japan

    Jul 2, 2017

Categories

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Markets
  • National News
  • Nature
  • News
  • Politics
  • Science
  • Technology
  • Uncategorized
  • World

Copyright © 2021 statechronicle.com

About · Privacy Policy · Terms of Use · Contact

This website uses cookies to ensure you get the best experience on our website. Learn more.