4/29/2013 – Adjustable pension plan design begins to gain converts (Pensions & Investments)

Apr 29, 2013 No Comments by

A new pension plan design that allows employers to drastically reduce their risk while still providing lifetime income to participants is gaining support as an alternative to moving employees into a defined contribution plans.

The adjustable pension plan was conceived by Richard Hudson, principal consulting actuary at Cheiron Inc., New York. Its key difference from a traditional DB plan is that the benefit received each year is adjusted from an original multiplier based on the previous year’s investment performance.

Read the full article at Pensions & Investments.

Financial -Landing 2013

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