Monthly Archives: October 2011

Human choices, not structural issues, undermine pensions, new book by WSJ journalist reveals

Oct. 31, 2011 – Corporations like to blame market losses and the costs associated with an aging workforce for slashing pensions and switching from a … … Read More

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Posted in Uncategorized

DC switch did not work for West Virginia teachers – DB restored

Oct. 27, 2011 – These days, many governments in many jurisdictions are talking about switching public sector plans from traditional defined benefit to defined contribution.… … Read More

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Posted in About Pensions

DB provides ‘better bang for the buck’ than DC, New York City study says

Oct. 24, 2011 – Defined benefit pension plans provide “better bang for the buck” for New York City public employees than defined contribution plans, according … … Read More

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Posted in About Pensions, News and Views

NIRS study shows majority support for DB plans

Oct. 20, 2011 – A new study from the National Institute on Retirement Security (NIRS) reveals that most public-sector employees prefer defined-benefit pension plans over … … Read More

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Posted in About Pensions, News and Views

Let’s not go down a road that others have regretted travelling

“What strikes me, though, is that while the evidence keeps piling up that DC plans are not a worthy replacement for DB plans, some special … … Read More

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Posted in Facts and Myths, International Brotherhood of Electrical Workers (New Brunswick)

DB plans help to retain and attract talent

Oct. 7, 2011 - Companies that continue to offer defined benefit pension plans are finding that their retention rates are much higher than competitors who … … Read More

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Posted in About Pensions

New York State comptroller defends DB plans

Oct. 3, 2011 – The comptroller of New York State and sole trustee of the $147 billion New York State Common Retirement Fund, suggested … … Read More

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Posted in About Pensions, News and Views