Featured Jobs
|
Retirement Relationship Manager MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Sentinel Group
|
|
Regional Vice President, Sales MAP Retirement
|
|
Pattison Pension
|
|
MAP Retirement
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
BPAS
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Largest Private-Sector Employer in Milwaukee Area Ends Pension Contributions, Enhances 403(b) Plan Instead
Milwaukee Business Journal 
Oct. 25, 2012
"Aurora, [a network of hospitals and healthcare providers], cited three reasons for the change: (1) The cost of funding a pension plan is unpredictable because it is tied to economic and market factors.... (2) Pensions were designed for a different time, when employees generally stayed with an employer for 30 or 40 years. (3) An account-based plan ... is more popular with employees because it is more flexible for employees and helps Aurora be more competitive in recruiting and retaining employees."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |