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DWC - The 401(k) Experts
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The Pension Source
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Daybright Financial
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Plan Admin/Employee Benefits/Office Admin

Columbia Benefits, LLC
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Retirement Plan Administrator

Goldberg, Swedelson & Associates
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MAP Retirement
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MAP Retirement
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Nova 401(k) Associates
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Senior Counsel – Investment Solutions

Great Gray Trust Company
(Remote / Boston MA / Wilmington DE / Las Vegas NV / DC / FL / NC / NY / Hybrid)

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Relationship Manager - Actuary

Daybright Financial
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'Tontine' Pensions: A Solution to the State and Local Pension Underfunding Crisis
Jonathan Barry Forman and Michael J. Sabin via SSRN Link to more items from this source
Feb. 11, 2014
"[U]nlike traditional pensions ... tontine pensions would always be fully funded. Second, unlike a traditional pension -- where the pension plan sponsor must bear all the investment and actuarial risks, with a tontine pension, the plan sponsor bears neither of those risks.... [T]ontine pensions would provide significantly higher retirement benefits than commercial annuities.... [This article] ... shows how such a model tontine pension could be used to replace a typical, large traditional pension plan like [CalSTRS]."

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