Browsing Tag
Collective Defined Contribution (CDC) Plan
2 posts
‘Collective Defined Contribution’ Plans Set to Launch in UK
Hybrid DB-DC design being unveiled in Great Britain intended to result in a better retirement outcome for participants compared to traditional DC models
MIT Contest Seeks Retirement Saving Plan Replacement
The writing is on the wall for defined benefit (DB) plans, and everybody knows it. They’re all but extinct in the private sector and headed in the same direction within the public. Still some employers, particularly cities and states, are clinging to the DB model despite its prohibitive costs and unsustainable nature.