RetireSecure Blog

February 12, 2013

Boeing’s Pension Plan Conversion Proposal

Filed under: PRC in the News — The Pension Research Council @ 11:31 am

Seeking to reduce its defined benefit plan pension uncertainties, Boeing has proposed to offer new hires a defined contribution (DC) plan only. This is in line with a 30-year tendency, according to PRC Executive Director Olivia S. Mitchell. She notes that “the trend has been away from defined-benefit plans in the US, and I see no reason for this to change.”  To read the full article, click here.


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