PlanAdviser, August 14, 2008
Rebecca Moore reports that defined benefit (DB) retirement plans are a less costly benefit for employers than a defined contribution (DC) plan according to research from the National Institute on Retirement Security (NIRS).
The economic efficiencies inherent in a defined benefit retirement plan make it less costly, according to Beth Almeida, executive director of NIRS, during a press conference call. Read the full article here.