RT Journal Article SR Electronic T1 Reducing Pension Risk: The Myths Holding Back Plan Sponsors JF Special Issues FD Institutional Investor Journals SP 21 OP 28 VO 2013 IS 1 A1 Rohit Mathur A1 Scott Kaplan YR 2013 UL https://pm-research.com/content/2013/1/21.abstract AB 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.