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New Hope for Troubled Retirement Plans

October 3, 2003
Related Topics: Retirement/Pensions, Compensation
Employees are wary of 401 (k)s. Courts question cash-balance plans. Old-fashioned pensions are draining corporate coffers. Salvation might be at hand if the federal government is persuaded to legalize a new model that combines the best features of defined benefit and defined contribution plans.
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