Defined-Benefit versus Defined-Contribution Pension Plans: How to Compare
John J. Maher, J. Edward Ketz
Abstract
John J. Maher, J. Edward Ketz
Abstract
This article proposes a framework that will help managers and employees to compare the retirement benefits that accrue from the two major types of pension plans.
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This article proposes a framework that will help managers and employees to compare the retirement benefits that accrue from the two major types of pension plans.
Key concepts: Pension, Actuarial science, Business, Economics, Econometrics, Finance