Employer pension plans in the United States are four times more likely to be fully funded than occupational pension plans in the United Kingdom, according to a study by Aon Consulting of company annual reports.

Aon estimates that only 5 percent of U.K. pension plans are fully funded, compared to about 20 percent of U.S. pension plans, in comparing pension information for companies with total pension assets of around  $800 billion. The research found that, on average, the pension plan deficit for a U.S. company represents around two months' worth of profits, compared to seven months of profits for the average U.K. company.

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