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.