TY - JOUR T1 - Reducing Pension Risk: <em>The Myths Holding Back Plan Sponsors</em> JF - Special Issues SP - 21 LP - 28 VL - 2013 IS - 1 AU - Rohit Mathur AU - Scott Kaplan Y1 - 2013/09/21 UR - https://pm-research.com/content/2013/1/21.abstract N2 - Twice in the past 12 years, America’s corporate defined-benefit plan sponsors have seen their plans’ funded status deteriorate by more than 30% in market downturns. These declines have compelled the 100 largest corporate pension plans in the U.S. to contribute approximately $230 billion to their plans between 2009 and 2012. Pension shortfall, potential cash contributions over time, and rising stakeholder concern over financial statement volatility and reduced strategic flexibility are making many firms consider strategies to reduce their exposure to pension plan risk—or, in some instances, divest it altogether. ER -