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Cash Balance Plans Could Make a Comeback
National Public Pension Coalition [NPPC]
[Opinion] June 20, 2019 "The Pew Research Center and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans as a solution to the problem of pension underfunding, as some magic combination of defined benefit pension plans and defined contribution 401(k)-style plans. In reality, cash balance plans are a failure for public employees and taxpayers." MORE >> |
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