TITLE

Hybrid plans hold steady

PUB. DATE
July 2007
SOURCE
Employee Benefit News;Jul2007, Vol. 21 Issue 9, p46
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on hybrid pension plans offered by insurance companies. It is noted that the Pension Protection Act (PPA) affirmed the legality of such plans which give the security of traditional pensions. Alan Glickstein, a senior retirement consultant at Watson Wyatt, said that companies are trying to understand the retirement benefits. In a recent study of Fortune 100 companies, Watson Wyatt found that 58 offer a guaranteed pension to newly hired workers in comparison to 63 in 2005.
ACCESSION #
25813629

 

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