04-30-2014 |
An Issue Brief discussing the prevalence of Public Sector defined contribution plans has been published by the Center for State an local Government Excellent. It found that currently, 11% of public sector employees have a primary defined contribution plan, and that percentage will grow to 19% by 2042. The article also discussed the history of State defined contribution and hybrid plans as well as their prevalence and explores their impact. Defined Contribution Plans in the Public Sector: An Update
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