August 9, 2011 — In a story covering Verizon employee benefits at issue, NIRS tells the Pittsburgh Tribune-Review that market drops make it hard for workers with 401(k) plans to recoup losses before retirement.

NIRS executive director Diane Oakley also commented on the unfortunate trend of companies switching employee retirement plans from defined benefit to defined contribution plans because regulations from the Pension Protection Act have made those traditional plans more volatile, and possibly more costly to maintain.

Read the story here.