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Hybrid Plan Rules Now Offer Certainty, Open Up Options for Employers
Bloomberg BNA Sept. 28, 2014
"The final rules open up a new world for employers wanting to offer retirement plans to their employees and could eventually slow the migration from defined benefit plans to defined contribution plans ... The market rate of return in the final rules doesn't solve the problem for every plan, but 'at least moved in a direction that both gave clarity to all plan sponsors and put a lot more plan sponsors in the category of we're OK, versus we're not OK,' [said Alan Glickstein, senior retirement consultant at Towers Watson]."
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