Pension Plans: The $20 Trillion Elephant in the (Valuation) Room

Business Valuation UpdateVol. 19 No. 7
July 2013
Susan Mangiero, AIFA, CFA, FRM


Company pension plans are ticking time bombs that could have a devastating impact on enterprise value. Massive underfunding, along with complicated plan economics, makes it crucial for appraisers to have a solid grasp of the ins and outs of these plans an ...