defined contribution pensions instead of defined benefits?
Reader comment on: NYT on Public Sector Pay
Submitted by Swensen (United States), Jan 3, 2011 23:17
Future pension costs for public sector employees are a significant part of our project financial challenges. Does anyone know if there is a shift from defined benefit to defined contribution pension plans in the public sector? This shift has happened dramatically over the past few decades in the private sector and it seems like it should start to happen for public employees also.
Note: Comments are moderated by the editor and are subject to editing.
Other reader comments on this item
Comment on this item