Tag: Annuities|Cash balance|De-risking|Lump sum|Pension Rights Center|Plan termination|Traditional (defined benefit) pensions
De-Risking Focuses on Business Issues; Retirement Security a Concern, Critics Say
After Ford Motor Co. and General Motors Co. announced earlier this year that they would offer some retired and former employees a one-time opportunity to take lump-sum distributions, pension rights advocates were surprised at how quickly other large employers appeared to follow suit.