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ABSTRACT

December 1991, Vol. 114, No. 12

Evolution of employer-provided defined benefit pensions

Patrick W. Seburn
Economist, Division of Occupational pay and Employee Benefits Levels, Bureau of Labor Statistics


For more than a century, employer-provided defined benefit pension plans, which guarantee the retiree a specified level of income, have grown in number, assets, coverage, and complexity in recent years, compliance with pension legislation has been added to the equation. This article profiles trends in the incidence and characteristics of employer-provided defined benefit pensions.

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