A Risky Proposition
Implicit in the current retirement system is a significant element of unfairness in sharing and owning risk. Some employees effectively subsidize others under certain defined benefit(DB)plan designs and some lose access to tax shelter due to factors beyond their control. At the same time, employers are subject to the so-called risk asymmetry of having to […]
- September 25, 2006 September 13, 2019
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