Is Your Defined-Benefit Pension Guaranteed?: Funding Rules, Insolvency Law and Pension Insurance
Pensions; Defined-benefit pensions; Pension policy
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.
Ronald B Davis, "Is Your Defined-Benefit Pension Guaranteed?: Funding Rules, Insolvency Law and Pension Insurance" (2011) IRPP Study.