Towers Watson Finds Defined Benefit Plans Continued to Improve Financially in 2013

In “Financial Health of Largest U.S. Corporate Pension Plans Improved Sharply in 2013, Towers Watson Analysis Finds”, Towers Watson reports that defined benefit plans continued to see improvement financially in 2013. In the article, Towers Watson states:

“The financial health of corporate America's largest pension plans improved significantly in 2013 as funding improved to a level not seen since the start of the financial crisis, according to a new analysis by Towers Watson (NYSE, NASDAQ: TW), a global professional services company. The analysis cited rising interest rates, which lowered liabilities, and moderate investment returns as the primary reasons for the overall improvement.”

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