Private Pensions is popular PDF and ePub book, written by Barbara D. Bovbjerg in 2006-04, it is a fantastic choice for those who relish reading online the Law genre. Let's immerse ourselves in this engaging Law book by exploring the summary and details provided below. Remember, Private Pensions can be Read Online from any device for your convenience.
Private Pensions Book PDF Summary
The nation's private defined benefit (DB) pension system, a key contributor to the financial security of millions of Americans, is in long-term decline. Since 1980, the number of participants in insured single employer DB plans has dropped from 27% in 1980, to 15% in 2002. Hybrid DB plans like cash balance (CB) plans may be a means to revitalize this declining system. This report: reviews current research about the implications of CB conversions for employee benefits; describes the prevalence & type of transition provisions used to protect workers' benefits in past CB conversions; & estimates the effects of CB conversions on the benefits of individual participants under a hypothetical conversion to a typical CB plan from a typical traditional DB plan.
Detail Book of Private Pensions PDF
- Author : Barbara D. Bovbjerg
- Release : 01 April 2006
- Publisher : DIANE Publishing
- ISBN : 1422304922
- Genre : Law
- Total Page : 74 pages
- Language : English
- PDF File Size : 18,9 Mb
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