Premier Plan Consultants
Wespath Benefits and Investments
Trucker Huss, A Professional Corporation
Carpenter Morse Group Inc.
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|Delphi CEO Says Traditional Pensions Are Anachronisms that Corporations Must Fix in Order to Survive|
Time Online Edition
Oct. 19, 2005
Excerpt: [T]he fundamental problem is the whole concept of a defined benefit program. It has been exacerbated by our aging population. Defined benefit was created in an era when people worked till 65 and died at 70. There were so many active workers compared to the number of people on retirement that it was just not an issue. But that has reversed.
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