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- W2154190802 abstract "A broad consensus exists that workplace pension arrangements around the world are sick and in need of strong medicine. Rather than resurrect the traditional defined-benefit (DB) plan or broaden defined-contribution (DC) plan coverage, this article argues that we move from an “either/or” to an “and/and” mindset to improve global workplace pension coverage, adequacy, and certainty. Pension arrangements can combine the best of DB and DC plans and minimize the impact of their less-attractive features. However, we must also redesign the institutions through which workplace pensions are delivered. The ideal pension-delivery institution is expert, has scale, and acts solely in the best interests of plan participants." @default.
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- W2154190802 date "2007-01-01" @default.
- W2154190802 modified "2023-09-25" @default.
- W2154190802 title "Why We Need a Pension Revolution" @default.
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- W2154190802 doi "https://doi.org/10.2469/faj.v63.n1.4403" @default.
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