Friday, August 28, 2009

 

GAO Addresses Retirement Issues

U.S. workers face a number of risks in both accumulating and preserving pension benefits, the Government Accountability Office says in a new report... The agency notes alternative retirement plan designs, such as those used in several European nations, may help cut those risks. But they also present trade-offs and costs for workers and employers...

Important disadvantages may arise with mandating coverage and contributions, guaranteeing investment returns and annuitizing benefits, the report said...

Nat'l Underwriter: GAO Addresses Retirement Issues

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