"Today many pension plans -- especially frozen plans -- use glide paths to define how their asset allocation should change as their funded status moves over time.... [An] endpoint must be defined, establishing the funded status at which the glide path will stop and what the asset allocation should look like at that time.... Another basic decision in glide path design lies in the question of whether asset allocation shifts are a one-way street.... Glide paths also vary in their complexity."  MORE >>