Pension Freezes Mean Higher Costs, Less Benefits

Pensions & Investments, October 31 2008 John Dantona reports on NIRS new report, “Look Before You Leap:  The Unintended Consequences of Pension Freezes. “States have found that abandoning a DB pension for a DC plan can actually increase costs, contrary to expectations,” Beth Almeida, NIRS executive director and co-author of the report. “Mostly, this is because … Continue reading Pension Freezes Mean Higher Costs, Less Benefits