Pension and Investments, August 14, 2008
Reporter Drew Carter covers the NIRS report, “A Better Bang for the Buck: The Economic Efficiencies of Defined Benefit Pension Plans.”
The article reports that the NIRS study finds that DB plans cost 46% less than defined contribution plans because of better investment performance, lower fees and longevity risk pooling.
Beth Almeida, NIRS executive director said the report aims at being a “myth buster” regarding the costs of DB plans.
Read the full article here (Subscription required).