Tag: pensions

Senior couple and tecnologies

Introduction Do today’s retirees have sufficient income to meet their needs? One common way to address this question is to determine a household’s “replacement rate.” The replacement rate gauges the extent to which retirement income allows workers to maintain their pre-retirement standard of living. This brief is the second in a series examining replacement rates…

Mature man is hired to handle outreach to senior adults

Introduction Over the past decade, a notable shift has occurred within defined benefit pensions — away from traditional plans and towards hybrids, such as cash balance plans.  Along the way, the movement to cash balance plans has been met with substantial resistance.  Critics argue that cash balance plans discriminate against older workers and that employers…