Defined Contribution pension/benefit plans are the only sensible method

The problem with defined benefit plans is they have no connenction to price and encourage “creative” bookkeeping and overly optimistic predictions of return on investment, all the while kicking the Cadillac plan problem down the road.

http://www.ncpa.org/sub/dpd/index.php?Article_ID=25963&utm_source=newsletter&utm_medium=email&utm_campaign=DPD

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One response to “Defined Contribution pension/benefit plans are the only sensible method

  1. Why would anyone bet their retirement on the performance of unknown company executives and workers 50 years later in an economy impossible to predict?

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