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Showing posts from April, 2014

Updated Pension Comparison Chart

Information now available on the other utilities for calendar year 2013 has been added to the chart.  Information on Entergy has also been added.  According to Pensions & Investments (P&I) magazine, Entergy had the worst funded pension plan of any corporate utility in the U.S. in 2012.  Entergy’s funded status was 63% in 2012, while TVA’s was 59%. TVA’s funded status worsened in 2013 relative to all of the other utilities on the chart.  TVA contributed nothing to its employees’ pension in 2013 and its funded status improved to 63%, aided by strong investment performance.  Entergy’s funded status improved to 77% in 2013, aided by a $163 million contribution as well as strong investment performance.