Over the last 25 years, pension coverage has shifted primarily from 'traditional' defined benefit (DB) plans, in which workers accrue benefits based on years of service and earnings, toward defined contribution (DC) plans, in which participants accumulate retirement balances in individual accounts. DC plans provide greater portability of benefits, but shift theresponsibility of saving for retirement from employers to employees. This book addresses the following issues: What percentage of workers participate in DC plans, and ...

Private Pensions 2008, Nova Science Publishers, New York, NY

ISBN-13: 9781604569186

Trade paperback