Tools
TOOL The Financial Crisis and State-Local Defined Benefit Plans
This paper from the Center for Retirement Research at Boston College may assist managers as they help employees sort through their concerns about the effect the economic downturn could have on their retirement.
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n its goal to inform about retirement issues, the Center for Retirement Research at Boston College has produced "The Financial Crisis and State/Local Defined Benefit Plans." The paper offers information on how the decline in DB assets affects plan participants, how the economic downturn has affected plan sponsors, and more. The information may help managers help employees sort through their concerns about how the recession, which economists say started in December 2007, may affect their retirement.
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My company doesn’t have an official flex schedule policy, which means that some departments are able to have a flex schedule while departments such as mine do not (I work in human resources). What is the best way to present a request for consideration to our human resources executives to see if this arrangement could benefit us?
—Nimble We’re Not, HR generalist, financial/insurance/real estate, Iowa City, Iowa
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