Younger workers hurt when boomers can't afford to retire

October 2008
Employee Benefit News;Oct2008, Vol. 22 Issue 13, p61
The article explores the impact of the inability of the baby boomers to retire on younger workers in the U.S. It relates the insufficient retirement income of baby boomers scheduled to retire in 2011. Information is presented on the expenditures of companies related to older workers. It discusses the implications of the decision of employers to switch from defined benefit pension plans to 401(k) plans.


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