Confero Fall 2013: Issue 4 | Page 8

FALL 2013 THE ONE PAGE MAGAZINE Defined Benefit Plans Hit All-Time Low Funded Status of U.S. Corporate Pensions Falls As of Jan. 23, 2013, the number of pension plans covered by the Pension Benefit Guaranty Corp.'s single-employer insurance program fell to an all-time low of 22,697. That's a drop of nearly 3,000 plans from Sept. 30, 2011, which was the end of the PBGC's 2011 fiscal year