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3min chapter
What If Social Security Had Been Privatized? The Value of Federal Government Pension Plans
Money For the Rest of Us
The Shift from Defined Benefit to Defined Contribution Plans and Introduction of Sponsors
This chapter explores the transition from defined benefit pension plans to defined contribution plans for U.S. workers, emphasizing the decrease in access to traditional pension plans and the rise of defined contribution plans. It also introduces Madison Trust and LinkedIn Jobs as sponsors in this context.
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highlights
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