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Help for underfunded pension funds?
No. 3: Underfunded pension funds | Kathleen Finlay/Getty Images

Help for underfunded pension funds

Pension funds have been in big trouble. Ninety-three percent of corporate defined benefit pensions were underfunded in 2015, according to Wilshire Consulting.

Pension funds must make sure their assets grow at a pace adequate to cover future liabilities. An earlier Wilshire report noted that low interest rates have made that goal difficult to achieve.

"It is putting pressure on the already-weak pension system," Scott says.

Rubin says that current pension recipients have been unlikely to see their payouts cut. Future retirees may not be as lucky, he says.

Moore agrees, and says workers who are worried about their company's pension plan must take action now. "They need to save more or work longer, as well as delay Social Security, to maximize the benefit they will receive," Moore says.

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