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Why CFOs Need More Funding Relief To Limit The Impact Of Pensions On Financial Statements

Sponsored By SEI's Institutional Group

Topics:
Accounting
Employee Benefits & Human Capital > Defined Benefit
Finance & Risk Management

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Abstract:
Corporations sponsoring pension plans are already under extreme financial pressures as access to cash continues to be a challenge. As many organizations report year-end financials, it is clear that many are, or will soon be, facing cash flow concerns due to decreased revenues, reduced shareholder equity and ongoing dry credit markets. This summary is designed to provide senior financial management executives with a brief overview of why more pension funding relief is needed, the potential impact pensions can have on corporate finances this year and specific components of what additional relief may contain.
DETAILS
Sponsored by: SEI's Institutional Group
Released: August 24, 2009
Length: 3 pages
Format: PDF (42 kb)
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