NYC Government Publication
A Better Bang for New York City's Buck: An Efficiency Comparison of Defined Benefit Pension Plans and Defined Contribution Retirement Savings Plans
This report compares traditional defined benefit (DB) pension plans with 401(k)-type defined contribution (DC) retirement savings plans. DB plans are generally secure, predictable and efficient, but may prove to be a bigger economic burden than DC plans.
- Agency
- Subject
- Report type
- Report
- Date published
- 2011-10-20
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7857_A_Better_Bang_for_New_York_City_s_Buck__An_Efficiency_Comparison_of_Defined_Benefit_Pension_Plans_and_Defined_Contribution_Retirement_Savings_Plans.pdf | 2020-05-09 | Download |