DB System Weaknesses Have Serious Implications for National Retirement Policy

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DB System Weaknesses Have Serious Implications for National Retirement Policy

  • Current Issue:

    • Protect the benefits of workers affected by terminated plans
    • Address PBGC financial exposure
    • Improve funding of DB plans generally

  • Broader Issue: what is role of DB plans in ensuring retirement security?

    • Revitalized DB system vs smoother transition to all DC world
    • Impact of Social Security reform on the private DB and DC system and personal savings arrangements