Is Your Defined-Benefit Pension Guaranteed?: Funding Rules, Insolvency Law and Pension Insurance

Faculty Author Type

Emeritus Faculty [Ronald Davis]

Document Type

Research Paper

Publication Date

1-1-2011

Subjects

Pensions; Defined-benefit pensions; Pension policy

Abstract

Defined-benefit pension plans do not offer complete security; there are policy alternatives that would clarify this and are more likely to improve pension security than would the much-discussed options of reforming insolvency law or the constitutionally complex process of negotiating the introduction of a national pension benefit guarantee scheme.

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