Defined benefit plans

Two papers on the state of public and private defined benefit plans in the current financial crisis were published by the Center for Retirement Research at Boston College. The briefs explore the loss of approximately $1 trillion each in public and private defined benefit equities between Oct. 9, 2007 and Oct. 9, 2008, and the different impacts on participants and plan sponsors in each sector.

The Financial Crisis and Private Defined Benefit Plans
      Report (pdf, 8pp/188kB)
      Summary

The Financial Crisis and State/Local Defined Benefit Plans
      Report (pdf, 9pp/212kB)
      Summary