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DWC - The 401(k) Experts
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Pattison Pension
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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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Sentinel Group
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MAP Retirement
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Regional Vice President, Sales MAP Retirement
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Pension Investors Corporation
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BPAS
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Strategic Retirement Plan Consultant Retirement Plan Consultants
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Retirement Relationship Manager MAP Retirement
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MAP Retirement
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Why Public Pensions Are Cheaper Than Other Retirement Plans Like 401(k)s
National Public Pension Coalition [NPPC] 
[Opinion] Nov. 19, 2020 "[C]losing public pension plans and moving all newly hired public employees into defined-contribution plans like a 401(k) or cash balance hybrid plans ... can increase costs.... [1] Closing a defined-benefit plan can increase unfunded liabilities.... [2] Public pensions are cheaper to administer than defined-contribution plans.... [3] Closing a defined-benefit plan can create higher public employee turnover, leading to increased training costs." |
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