Study: Ending public pensions would hurt worker loyalty

11/19/2012 | BenefitsPro.com

Public employers who switch from pensions to defined-contribution retirement plans would likely attract workers who aren't as committed to the employer and who are less willing to learn skills that they can't transfer to another job, a study says. The National Institute on Retirement Security study also found that switching from a pension to another retirement plan would boost worker turnover.

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