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Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
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Plan Administrator, Defined Benefit & Cash Balance The Pension Source
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MAP Retirement
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Sentinel Group
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Retirement Relationship Manager MAP Retirement
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Trends in Employer Costs for Defined Benefit Plans
U.S. Bureau of Labor Statistics [BLS]
Feb. 22, 2016
"In March 2015, costs for defined benefit plans for private industry employers were approximately 61 cents per employee hour worked, on average. However, when data are averaged only by the employers that offer these plans, the costs are much higher. [This article explores] how costs fluctuate by industry, occupation, establishment size, and region, and review trends in costs for employees with access to these plans from 2008 to 2015."
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