Compass
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Remaking the Retirement Plan, Post-Crisis
American Banker [Opinion] Sept. 23, 2009
Excerpt: Retirement was never meant to last for decades and current longevity is the reason why uncapped defined-benefit pension plans are an unsustainable financial burden on business. The demise of DB plans, as well as the sharp decline in employment tenure, has pushed the headache of retirement planning onto individuals. Most boomers are unprepared to support themselves (and often their ailing parents or adult children) over a multi-decade retirement period.
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