Chapter

Defined Contribution Pension Plans in the Public Sector: A Benchmark Analysis

Roderick B. Crane, Michael Heller and Paul J. Yakoboski

in The Future of Public Employee Retirement Systems

Published in print August 2009 | ISBN: 9780199573349
Published online February 2010 | e-ISBN: 9780191721946 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199573349.003.0013
Defined Contribution Pension Plans in the Public Sector: A Benchmark Analysis

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This chapter assesses best-practice benchmarks for the design of defined contribution plans in the public sector, where such plans are the primary, or core, employment-based retirement benefit. These benchmarks rely on the notion that providing an adequate and secure retirement income for participants is the primary plan objective.

Keywords: pension administrative costs; practice benchmarks; pension contributions; pension distributions; pension eligibility; pension investments; pension plan participation; pension vesting

Chapter.  8114 words. 

Subjects: Public Management and Administration

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