On the back of a continuing shift in corporate pension plans away from defined benefit to defined contribution, Northwestern University’s Joshua Rauh and Indiana University’s Irina Stefanescu look at what causes the resultant freezing of these corporate plans.
The paper takes the further step of looking at the consequences for both employees and plan sponsors, investigating if the freeze results in savings to the companies as well as the impact on retirement-savings outcomes.
To read The Freezing of Corporate Pension Plans: Causes and Consequences, visit the Rotman School of Management’s International Centre for Pension Management.
