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Underfunded pension plans

I was trying to find out the underfunded pension plans of the world. One I know of is the illions $250 billion underfunding. Any others?

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I’m pretty sure Philadelphia is near bankrupt. At least there was some shady discount rate adjustments done a few years back. 

If you're the first out the door, that's not called panicking

Just a thought - but wouldn’t most if not all pension plans want to be underfunded? Why would a pension plan actually WANT to be overfunded - that sounds expensive.

¯\_(ツ)_/¯ It be like that sometimes.

GeorgeMiller wrote:
I was trying to find out the underfunded pension plans of the world. One I know of is the illions $250 billion underfunding. Any others?

All of them.

Simplify the complicated side; don't complify the simplicated side.

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Check this out, GE’s underfunding. It is among the worst in the industry!

Image result for ge pension plan underfunding

Nothing could be as bad as GE. It has $31B underfunding.

Do also look into the underfunding of Boeing & GM!

It’s the unthinkable.

Shouldn’t the regulators look into this more strictly?

It is, though - The amount of monthly income insured by the PBGC has a cap. In 2018, for a pension recipient age 65 whose company plan was covered by PBGC, and who is taking a joint life payout with 50 percent that would be paid to a survivor, the maximum amount of benefit covered by insurance is under $5k a month.