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Nearly Half of Large Employers Shifting Retirement Saving Burden to Workers

Nearly Half of Large Employers Shifting Retirement Saving Burden to Workers
Outlet: 
AARP Bulletin
Date Published: 
Monday, October 22, 2012

Boomers and younger workers don’t have much to celebrate in a new report on retirement plan trends among big employers. It shows that 80 percent of companies with more than 1,000 employees offer a defined benefit pension plan, but within five years, that will change. And not for the better.

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