Survey of cash balance conversions.
By examining data on actual conversions to cash balance pension plans, the author challenges the validity of major criticisms faced by employers sponsoring cash balance plans and their advisors. The data admonish against using broad generalizations to assess the total impact on employers and employees of a conversion to a cash balance plan.
Sher
L J
LJ
D003625:Data Collection; D005376:Financial Management / Q000639:trends*; D006801:Humans; D010415:Pensions / Q000706:statistics & numerical data; D012179:Retirement / Q000191:economics; D012456:Salaries and Fringe Benefits / Q000639:trends*; D014481:United States