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Retirement Plans Morphing as Defined Benefits Fade for New Workers

Workforce Management
Date Published: 
Thursday, September 8, 2011

As of May, 30 percent of Fortune 100 companies offered a defined benefit plan to new salaried employees, down from 37 percent at the end of 2010 and 83 percent as recently as 2002. How are employees reacting to this change in their total compensation?