TITLE

Study by credit agency debunks DB funding myths

AUTHOR(S)
Smolkin, Sheryl
PUB. DATE
October 2007
SOURCE
Employee Benefit News;Oct2007, Vol. 21 Issue 13, p52
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article highlights a report on defined benefit (DB) pension plans, released by credit rating agency DBRS. According to the study of 536 predominantly North American pension plans, public perception of a serious problem in the funding of DB plans is a myth in over 90% of reviewed plans. It suggests that the shift to defined contribution plans, downsizing and a reduced demand for domestic labor has eased some of the pressure and will continue to do so in future years.
ACCESSION #
27133416

 

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