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Defined contribution retirement plans: Who has them and ...

Defined contribution retirement plans: Who has them and ...

www.bls.gov

In 1988, when defined contribution retirement plans were a fairly new concept in the workplace, Bureau of Labor Statistics (BLS) Commissioner, Janet L. Norwood wrote, “It is unclear whether the more rapid growth in defined contribution plans compared to defined benefit plans is a movement towards variable rather than fixed payments.

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