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This chapter assesses best practice benchmarks for the design of defined contribution plans in the public sector, where such plans are the primary, or core, employment-based retirement benefit. These benchmarks rely on the notion that providing an adequate and secure retirement income for participants is the primary plan objective.
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© 2008 Pension Research Council of the Wharton School of the University of Pennsylvania. All rights reserved.
Opinions and errors are solely those of the authors and not of the institutions with whom the authors are affiliated. This research was presented at the 2008 Pension Research Council Symposium.
Date Posted: 09 August 2019