|Myth Busting Pension Reform|
June 5, 2012 - StateImpact, a reporting project of NPR, looked at a bill in New Hamshire seeking to replace the DB pension plan with a DC plan. StateImpact collected sources, including A Better Bang for the Buck report, to provide lawmakers and the public with reliable facts on pensions.
NIRS' Better Bang for the Buck report shows that a switch from a defined benefit pension plan to a defined contribution plan would not be the most cost effective choice for New Hampshire lawmakers. DB plans are more efficient because of the following factors:
Read the full story here .