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Market-based defined benefit plans
A different retirement benefit conversation: A variation of a DB plan could help in the war for diverse talent
Organizations that are committed to becoming the “employer of choice” are taking a fresh look at some of the more attractive incentivizing characteristics of DB plans without the cost uncertainty of a traditional pension. Market-based DB plans aim to provide a differentiated advantage that may ultimately deliver better financial outcomes to employees, while improving an employer’s talent acquisition, retention and workforce postures.
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