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GAO Report: Implications of Converting Private Pension Plans into Cash Balance Plans
U.S. Government Accountability Office [GAO] 
Oct. 13, 2000 70 pages. "[T]he number of firms sponsoring cash balance plans has increased within the past few years ... increasing to about 19 percent of all Fortune 1000 firms this year.... This report includes matters for consideration by the Congress related to improving disclosure to participants about plan changes and preventing situations in which some participants do not accrue new pension benefits for a period of time after conversion to a cash balance plan." [HEHS-00-185, Sept. 29, 2000] MORE >> |
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