TITLE

Defining Retirement Options

AUTHOR(S)
COMMINS, JOHN
PUB. DATE
August 2010
SOURCE
HealthLeaders Magazine;Aug2010, Vol. 13 Issue 8, p50
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses why many hospitals in the U.S. are shifting from providing defined-benefits pension plans to defined-contribution plans. The increasing costs of defined-benefits pension plans are leading many hospitals to look for other retirement plan alternatives. Also, the low interest rates are decreasing the earning potential for defined-benefit plans. Furthermore, younger workers are more accustomed to defined-contribution plans as compared to defined-benefit plans.
ACCESSION #
52848273

 

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