The Employment-Based Pension System: Evolution or Revolution?
The nonpartisan Employee Benefit Research Institute (EBRI), in conjunction with AARP, co-sponsored a day-long conference on the future of the U.S. employment-based pension system. This article summarizes the main points raised at the conference: Several conference speakers predicted that the evolution currently under way in the system will lead to radical change and the ultimate demise of private-sector defined benefit pensions, the article reports. Press release