Are corporate pension plans making a comeback?
Critical Point
English - March 11, 2024 17:00 - 19 minutes - 13.7 MB - ★★★★★ - 17 ratingsBusiness Technology milliman critical point insurance healthcare technology retirement property & casualty risk management insurtech financial services Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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For decades, companies with traditional pensions have been freezing those plans and replacing them with defined contribution options to help their employees save for retirement. But IBM made headlines when it restored its defined benefit program in early 2024. Three Milliman pension actuaries discuss this choice, new hybrid DB plan designs, and how plan sponsors can avoid the mistakes that led them to close their pension plans in the first place.
You can read the episode transcript on our website.