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Statement on 'Best Practices for the Design of Defined Contribution Pension Plans' (PDF)
Financial Economists Roundtable 
[Opinion] Oct. 19, 2006
9 pages. Excerpt: The FER recommends that new employees be automatically enrolled unless they take the initiative to opt-out. It takes no position on the level of the default contribution rate, although it noted that contribution rates are often too low to provide adequate retirement income, and consequently the FER was intrigued with the Save More Tomorrow Plan where employees commit to increase their contribution rates at a later date.
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