Pension plans drift toward diversification.
Following New Jersey's seizure of Mutual Benefit Life Insurance Co. last summer, hospital associations have begun revamping their pension offerings, in some cases steering away from venerable, fixed-income insurance products and into diversified plans such as stock funds, which may offer better returns. But insurer-based plans remain a favorite as many programs stay on the conservative course.
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D007343:Insurance Carriers; D007449:Investments; D010415:Pensions; D010564:Personnel, Hospital / Q000191:economics*; D012954:Societies, Hospital