Wharton Pension Research Council Working Papers

Document Type

Working Paper

Date of this Version



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.


The published version of this Working Paper may be found in the 2009 publication: The Future of Public Employee Retirement Systems.

Working Paper Number


Copyright/Permission Statement

© 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.

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Economics Commons



Date Posted: 09 August 2019