507 - How Pension Plan Designs Affect Your Workforce

Retirement benefit plan designs can influence the workforce behavior, attracting young new hires and encouraging others to retire or terminate. For example, DROPs (Deferred Retirement Option Plans) may be used to retain older employees. Early Retirement Windows (including potential coordination with Retiree Health enhancements) may incentivize older members to retire. Enhanced Defined Benefit plan provisions and/or Defined Contribution supplemental plans might attract younger people. Additionally, employers covering all or part of member contributions can be utilized as well.

Speakers:

Kevin Scott Spanier

Buck

Matthew Patrick Staback

Buck Global LLC

Mr. Dan Doonan

Mr. Daniel James Siblik

Gabriel Roeder Smith & Company

Mr. Edward Oliphant

Nashville MTA

Todd David Kanaster

S&P Global Ratings, US Public Finance

Credits:

CPD Credit: 2.00 EA Core Credit: 0.00 EA Ethics Credit: 0.00 EA Non-Core Credit: 2.00 EA Formal Credit: 2.00