A Better Bang for the Buck: The Economic Efficiencies of Defined Benefit Pension Plans
Publication Date: August 2008
Publisher: National Institute on Retirement Security
Author(s):
Research Area: Labor
Keywords: Retirement; Pension; Middle class
Type: Report
Coverage: United States
Abstract:
Shows how traditional defined benefit pensions are more cost-efficient, delivering the same retirement benefits at 46% lower cost to taxpayers than 401(k)-style defined contribution accounts.
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