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Future of the Defined Benefit System and the Pension Benefit Guaranty Corporation: Highlights of a Forum
Employer-sponsored defined benefit pension plans (

Our Price: $25.00
By Barbara D. Bovbjerg (au); David M. Walker (in)
Year: 2005
Pages: 59
Binding Paperback

Product Code: 1422300536

Employer-sponsored defined benefit pension plans (DBPP) face unprecedented challenges in the midst of significant changes in our nationís retirement landscape. Many DBPP & the fed. agency that insures them, the Pension Benefit Guaranty Corp. (PBGC), have accumulated large & growing deficits that threaten their survival. Meanwhile, the percentage of Amer. workers covered by DBPP has been declining for 30 years, reflecting a movement toward defined contribution plans (e.g., 401(k) plans). To address these issues, a diverse group of knowledgeable individuals was convened -- incl. govít. officials, researchers, accounting experts, actuaries, plan sponsor & employee group rep., & members of the investment community. Charts & tables.

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