There's been a change of plans

Butler, Kelley M.
May 2006
Employee Benefit News;May2006, Vol. 20 Issue 6, p53
Discusses the findings of a study released by the Employee Benefit Research Institute in 2006, which details the factors that lead to an increasing number of employees in the U.S. altering their retirement planning course to recoup frozen define benefit (DB) accruals. Reason older workers have more ground to cover to replace frozen DB benefits than their young colleagues; Impact of the number of years an employee has spent with an employer at the time of a pension freeze on indemnification contribution rates; Problems that may arise as defined benefit pension sponsors continue to freeze benefit accruals.


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