The median corporate pension plan lost 5.5% in the second quarter and 6.2% for the year ended June 30, according to a report from Mercer Investment Consulting. Corporate plans fared worse than public plans, foundations and endowments for both periods, the report said. The median public plan was down 5.1% in the second quarter and 5.9% for the year through June 30; endowments and foundations were down 5.4% in both time periods, according to Mercer. The report surveyed about 200 corporate plans, 44 public plans and 83 endowments and foundations.
The median corporate pension plan lost 5.5% in the second quarter and...
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