Pension plans — in jeopardy due to financial crisis

Is your pension plan underfunded now that the true value of its investments is beginning to come to light?  It’s possible that you will receive a deficit notice from your pension fund similar to this one sent out recently to Sheet Metal Workers pensioners:  criticalstatusfinal

Check on your pension fund here (top 30 in US available):  http://www.knowyourpension.org/pensions/pensionplans/43_pensionplans_2004_05.aspx

Read an article highlighting the huge problems with pension underfunding and the (in)solvency of the PBGC:

pensionunderfundingwharton

Watch Ticker Forum video from May 1 2008:

From K. Denninger (tickerforum.org)

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