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Pension costs to hurt income



January 11, 2009 – Comments (0)

Here's a link that talks about the level of underfunding for pensions, and it appears to be double the amount the last down turn.

So, not only is there disposible income issues that can reduce earnings in this economy, but covering for pensions reduces them further...

"He cautioned, though, that pension costs could create a "headwind" for 274 members of the S&P 500, potentially reducing earnings by more than 10 cents per share at 55 companies."

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