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State Defined Contribution and Hybrid Retirement Plans
National Conference of State Legislatures [NCSL] Link to more items from this source
Jan. 26, 2012
This report lists state governments' defined contribution retirement plans designed as primary coverage for a group or class of state employees or state teachers: that is, it includes plans that eligible employees are required to join, or that are one of two or three alternative plans that employees choose among. Some states provide hybrid plans, in which employees are covered by both a defined benefit and a defined contribution plan. Hybrid is a generic, not a specific, term, and what are called hybrid plans in state government differ substantially.

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