Companies bolster pensions while taking advantage of lower tax rate.
Tag: Pension Contributions
Benefitting from the corporate tax cut, and well-funded now, private-sector plans may have a rude awakening, consultants say.
Report also shows that the majority of employers are upholding auto-enrollment duties.
More than a dozen public companies announced nearly $8.5 billion in contributions last week.
Once the updated tax revenue is published, reduction can be formally agreed to on November 22.