Governing, October 2008
Penny Lemov reports that a new NIRS study dispels a myth about the cost of pension plans.
“A Better Bang for the Buck,” calculates that a defined benefit pension plan is nearly half the cost of an individual 401(k) type plan.
“The analysis,” says Beth Almeida, executive director of NIRS, “is a myth buster of the conventional wisdom on the cost of retirement plans.”
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