Survey Results of the Nation's Largest Private Defined Benefit Plan Sponsors

March 2009
GAO Reports;3/30/2009, preceding p1
Government Documents
The article discusses the results of the survey on the largest sponsors of defined benefit (DB) pension plans by the U.S. Government Accountability Office (GAO). Respondents have made changes to their retirement benefit offerings. Some of them have frozen their plans while other have modified the formula for computing benefits for their DB plans. About 67 percent of the respondents have implemented an automatic enrollment feature to DC plans while 47% have offered health care to their workers.


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