Americans’ Retirement Benefits Have Been Slashed by a Quarter

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Americans’ Retirement Benefits Have Been Slashed by a Quarter

By Discovery Lean Six Sigma

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Employers cut their contributions to workers' retirements by a quarter from 2001 to 2015, according to a new report. The biggest driver: the decline of traditional defined-benefit pensions, replaced by stingier, 401(k)-style, defined-contribution plans.



Original: http://www.industryweek.com/workforce/americans-retirement-benefits-have-been-slashed-quarter
By: Bloomberg
Posted: July 20, 2017, 1:51 pm

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