A new approach to pension liability mitigation

March 2010
Employee Benefit News;Mar2010, Vol. 24 Issue 3, p44
The article discusses pension liability mitigation and suggests options that companies can take to mitigate liability and reduce cost. It mentions that a shift from defined benefit (DB) pension plans to defined contribution (DB) plans will result to a change in the responsibility for providing financial security during retirement from company to individual. It suggests that companies may transfer the pension plan liability and future risk to their insurance company and lists the benefits of doing so.


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