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Did the 401(k) Really Kill DB Plans?
Fiduciary News; registration may be required 
[Opinion] Sept. 8, 2017
"Retiree longevity provided the actuarial math that ultimately doomed the existence of pension plans ... Within the last generation we've seen a new economy emerge -- the Content Economy. This new economy allows workers to quickly more from one project to the next and, likewise, from one company to the next.... Simultaneous to [these] two trends has been the streamlining of American equity markets.... [T]he idea of 'owning your own personal account' seems more approachable to the average employee than the concepts of 'workforce demographics' and 'actuarial assumptions' that underlie the foundation of pension plans."
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