State pension systems had an estimated funding ratio of 69% for fiscal year 2010, ending June 30, up from 65% for fiscal year 2009, according to Wilshire Associates, a Santa Monica, Calif.-based investment-consulting firm. But pension plans remain well below the 95% estimated average funding ratio for 2007… For most of the pension plans, figures reflect funding through June. Since then, robust market returns have likely bolstered pension plans’ assets, Mr. Foresti said.

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by Jeannette Neumann, The Wall Street Journal.

Posted: March 7th, 2011, by: admin. Categories: . Awaiting Comments.