The NIRS study, “A Better Bang for the Buck 3.0”, claims defined benefit plans are twice as efficient as defined contribution plans. The analysis is badly flawed.
Yeah, I get a bit tired of them running this particular line.
There are lost of plusses to a DB-type plan, but "efficiency" is not its top selling point. It would be better if they were just honest about the trade-offs in DB vs. DC vs. various hybrid options.
Yeah, I get a bit tired of them running this particular line.
There are lost of plusses to a DB-type plan, but "efficiency" is not its top selling point. It would be better if they were just honest about the trade-offs in DB vs. DC vs. various hybrid options.