Tag: pension freeze

Black leather armchair disinegrating in room

Private Sector Defined Benefit Plans Are Really Disappearing

MarketWatch Blog by Alicia H. Munnell

December 26, 2011

In some ways, it’s old news. Defined benefit plans in the private sector are disappearing. But the extent to which this shift has occurred in the last several years is stunning. According to Towers Watson, only 13 of this year’s Fortune 100 companies offered new employees a traditional defined benefit plan in 2011, compared to…

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