Tuesday, September 29, 2009

The Declining Role of Private Defined Benefit Pension Plans: Who Is Affected, And How

Excerpt: "Using an empirical distribution of enhanced contributions to DC plans from sponsors freezing their DB plans, we simulate the nominal annuity that could be purchased at retirement age from these enhanced contributions. We then back out the net pension loss experienced by employees in the future."

http://www.pensionresearchcouncil.org/publications/document.php?file=811