Press Release • December 1, 2012
Pension Plan Modifications Provide Sustainability
WASHINGTON, D.C., December 5, 2012 – Faced with financial pressures, 45 states have enacted defined benefit (DB) pension plan reforms since 2008 to achieve affordability, sustainability, and human resource goals rather than switching to 401(k) type defined contribution (DC) accounts. PENSION PLAN MODIFICATIONS PROVIDE SUSTAINABILITY Shifting From Pensions Not Optimal, Can Trigger Unintended Consequences Webinar […]