Tag: defined benefit pension
The Center for Retirement Research has released a brief entitled Why Are Healthy Employers Freezing Their Pensions? This brief reviews major pension freezes during the 2004-2007 period and explores the impact on employees at different stages in their careers. It then offers four possible explanations why employers have been shutting down their plans. Complementing this brief…
Introduction In response to the perfect storm of falling stock returns and interest rates that hit pension funds in 2000, many companies in the United States and the United Kingdom have shifted from defined benefit (DB) to defined contribution (DC) schemes. In contrast, Dutch pension plans have mainly preserved their defined benefit character in recent…
