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DB Plan Meltdowns: Victims of Current Crisis
Alvin D. Lurie 
Mar. 10, 2009
Excerpt: [A] radical overhaul of the private pension system, especially the defined benefit branch, will be required if it is to be preserved as a key engine for assuring the retirement security of our workers and their families. Whatever last legs the defined benefit plan design had been balancing on after the 'perfect storm' of 2002 have been knocked out from under it with the financial collapse of 2008.
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