Low interest rates and puny returns on investments pushed deficits at U.S. public company...

|By:, SA News Editor

Low interest rates and puny returns on investments pushed deficits at U.S. public company pension plans to a record $326.8B as of the end of 2011, a $94.7B Y/Y increase, according to a new study. The plans’ funded ratio fell to 79.2%, meaning the combined plans needed to make up 20.8 cents on every dollar owed.