Public pensions enjoy a 17.6% jump in total holdings Y/Y - but that's before likely-negative Q3...

|By:, SA News Editor

Public pensions enjoy a 17.6% jump in total holdings Y/Y - but that's before likely-negative Q3 results come in. Pensions are drastically short on future obligations; estimates range from $700B to $3T. The 10 most underfunded corporate pensions, according to UBS: AKS, GT, OI, X, LMT, SVU, WHR, F, SHLD, RTN.