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- Title
Improving Retirement Security in a Heavily DC World.
- Authors
Rappaport, Anna; Schaus, Stacy L.; Clymer, Jeff D.
- Abstract
Concern about the future of retirement security is fueled by the growing number of Americans who will reach traditional retirement ages in the environment that has emerged over the last decade, one that includes major changes in the retirement system as well as in investment markets. Of particular concern is the growing emergence of defined contribution (DC) plans as the primary source of employer-sponsored retirement income. To help employees obtain retirement security in this new environment, DC plan sponsors must understand the gaps that exist in current plans, how employees normally behave and the external influences that drive employee behavior. With this knowledge, sponsors can structure solutions or work with other parties that can bring these solutions forward.
- Publication
Benefits Quarterly, 2011, Vol 27, Issue 3, p34
- ISSN
8756-1263
- Publication type
Academic Journal