Putting the Risks and Costs of Defined Benefit Plans Back Under Your Control
by
M. Barton Waring
Language: English
Release Date: September 13, 2011
Pension plans around the world are in a state of crisis. U.S. plans alone are facing a total accrued liability funding deficit of almost $4 trillion (of the same order of magnitude as the federal debt), a potential financial catastrophe that ranks among the largest ever seen. It has become clear that...