Short-Term Costs of Retiring a Defined Benefit Pension Plan

Jane Austen observed, in Sense and Sensibility, that 'people always live forever when there is an annuity to be paid them.' Increasingly, private employers with defined benefit (DB) pension plans that are designed to distribute benefits as annuities are adopting Ms. Austen's view.

32 minute readJuly 27, 2006 at 10:51 AM
By
Robert D. Webb
Short-Term Costs of Retiring a Defined Benefit Pension Plan

Jane Austen observed, inSense and Sensibility, that 'people always live forever when there is an annuity to be paid them.' Increasingly, private employers with defined benefit (DB) pension

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