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The Case for Adjustable Defined Benefits
California Policy Center 
[Opinion] Aug. 1, 2014 "Notwithstanding the fact that 'adjustable defined benefits' might constitute an oxymoron, as a concept it represents the only way that defined benefit plans can be sustained. Rather than throwing new employees into individual 401K plans, while they effectively subsidize legacy defined benefits for veteran employees and retirees, why not adjust defined benefits down to a financially sustainable level and let everyone participate?" MORE >> |
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