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hybrid pension plans

May 27

2010

DB pensions continue march toward extinction

Posted by Stephen Taub in Towers Watson, retirement benefits, pensions, hybrid pension plans, defined contribution plans, defined benefit plans, Cash, 401k

The number of large companies offering traditional defined benefit (DB) pension plans continues to decline, as they steadily march toward extinction.

Towers Watson now counts just 17 of the Fortune 100 companies still offering DB plans, down from 20 in 2009 and exactly half the total of five years ago.

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