Randall & Hurley, Inc.
EPIC Retirement Plan Services
Loren D. Stark Company
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|The Economic Efficiency of Pensions|
National Public Pension Coalition
Dec. 10, 2015
"When West Virginia decided to reopen its defined benefit pension plan for teachers, it did so partly because a study showed that it could deliver equivalent retirement benefits at a lower cost with a pension rather than a 401(k)-style plan. When Wall Street interests attack pensions for working families, it's not because 401(k)s are cheaper or more efficient -- they aren't -- but because Wall Street profits off managing 401(k) investments."
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