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A Landmark Law at 40: How Well Is It Protecting Workers' Retirements?
Reuters Link to more items from this source
Sept. 2, 2014
"Evidence is mounting that we need to get focused on income again. Performance of the defined contribution system is a mixed bag. Some higher-income workers have accumulated sizable sums, though most don't have a clue how their nest eggs will translate into income. Lower-income workers have negligible savings. Most public sector workers are covered by defined benefit pensions, but coverage in the private sector has evaporated since ERISA's passage."

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