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September 2003

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Pension Plan Solvency: Weathering The Storm
Pension Plan Solvency: Weathering the Storm With asset values down and pension liabilities up, organizations that offer pension plans have clearly had a rough time in recent years. It has become increasingly difficult to meet pension plan obligations, satisfy shareholders, and still keep the business viable. This Special Memorandum explores the nature of pension deficits, the current solvency situation and the role and position of pension regulators. It also examines a number of ways plan sponsors can weather the current storm.