{"id":1129,"date":"2010-07-21T15:01:01","date_gmt":"2010-07-21T19:01:01","guid":{"rendered":"http:\/\/www.credittrends.com\/blog\/?p=1129"},"modified":"2010-07-22T06:43:36","modified_gmt":"2010-07-22T10:43:36","slug":"pensions-big-hits-to-earnings-on-the-way","status":"publish","type":"post","link":"https:\/\/www.credittrends.com\/blog\/2010\/07\/21\/pensions-big-hits-to-earnings-on-the-way\/","title":{"rendered":"Pensions-Big Hits to Earnings On The Way"},"content":{"rendered":"<p>As we&#8217;ve been writing about for quite a while&#8230;&#8230;&#8230;&#8230;..<\/p>\n<p>Boards cannot maintain a 5.9% discount rate to their liabilities when 10 year Treas. are at 2.9% and annuities aren&#8217;t much higher.<\/p>\n<p>Boards cannot maintain 8% and higher investment assumptions in this era of <strong>low <\/strong><strong>growth with high volatility<\/strong><\/p>\n<p>Boards must recognize the extent of their underfunding in financial statements.<\/p>\n<p>Boards must recognize the extent their actuarial assumptions are distorting reality.<\/p>\n<p>Gone must be \u00a0the days of playing around with the pension to boost earnings and executive compensation and\u00a0retirement\u00a0benefits.<\/p>\n<p>Please see articles on this site, as Boards will soon recognize the extent of the issue. Investors must recognize it <strong>now!<\/strong><\/p>\n<p class=\"facebook\"><a href=\"http:\/\/www.facebook.com\/share.php?u=https:\/\/www.credittrends.com\/blog\/2010\/07\/21\/pensions-big-hits-to-earnings-on-the-way\/\" target=\"_blank\" title=\"Share on Facebook\">Share on Facebook<\/a><\/p><div class=\"tweetthis\" style=\"text-align:left;\"><p> <a class=\"tt\" href=\"http:\/\/twitter.com\/home\/?status=Pensions-Big+Hits+to+Earnings+On+The+Way+https%3A%2F%2Fwww.credittrends.com%2Fblog%2F%3Fp%3D1129\" title=\"Post to Twitter\"><img decoding=\"async\" class=\"nothumb lazyload\" data-src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/plugins\/tweet-this\/icons\/en\/twitter\/tt-twitter.png\" alt=\"Post to Twitter\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" \/><noscript><img decoding=\"async\" class=\"nothumb\" src=\"http:\/\/www.credittrends.com\/blog\/wp-content\/plugins\/tweet-this\/icons\/en\/twitter\/tt-twitter.png\" alt=\"Post to Twitter\" \/><\/noscript><\/a> <a class=\"tt\" href=\"http:\/\/twitter.com\/home\/?status=Pensions-Big+Hits+to+Earnings+On+The+Way+https%3A%2F%2Fwww.credittrends.com%2Fblog%2F%3Fp%3D1129\" title=\"Post to Twitter\">Tweet This Post<\/a><\/p><\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>As we&#8217;ve been writing about for quite a while&#8230;&#8230;&#8230;&#8230;.. Boards cannot maintain a 5.9% discount rate to their liabilities when 10 year Treas. are at 2.9% and annuities aren&#8217;t much higher. Boards cannot maintain 8% and higher investment assumptions in this era of low growth with high volatility Boards must recognize the extent of their [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n<p class=\"facebook\"><a href=\"http:\/\/www.facebook.com\/share.php?u=https:\/\/www.credittrends.com\/blog\/2010\/07\/21\/pensions-big-hits-to-earnings-on-the-way\/\" target=\"_blank\" title=\"Share on Facebook\">Share on Facebook<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1129","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/comments?post=1129"}],"version-history":[{"count":7,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1129\/revisions"}],"predecessor-version":[{"id":1153,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/posts\/1129\/revisions\/1153"}],"wp:attachment":[{"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/media?parent=1129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/categories?post=1129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.credittrends.com\/blog\/wp-json\/wp\/v2\/tags?post=1129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}