The country’s largest corporate pensions had combined liabilities of $902 billion at the end of 2016, according to research from Russell Investments.
The 19 members of the so-called $20 billion club, a term coined by Bob Collie, a chief research strategist for institutional investing at Russell, saw both pension assets and liabilities slightly increase in 2016, a year that essentially mirrored pension performance in 2015.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
