Insight
Time for a Reset Between Corporations and Their Pension Plan
As the U.K. government and corporate defined benefit (DB) industry discuss how to address growing surpluses among some plans, we ask whether the same could happen in the U.S., rebooting the nation’s corporate DB plans.
Key takeaways
- We consider a series of integrated regulatory reforms aimed at adding flexibility for corporate pension plan sponsors.
- The result is likely to benefit all stakeholders: employees, corporate pension plan sponsors, the government, and the broader economy.
- With U.S. corporate pension plans generally in surplus, now is the time to effect change, to make plans more balanced, more productive, more secure, and more flexible.