Damage Done
The Costs Imposed by Legislative Involvement in the Administration of Defined Benefit Pension Plans
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This book gives an account of government involvement in defined benefit pension plans and an analysis of resultant negative effects, both explicit and implicit. This book also covers, in broad terms, the workings and advantages of defined benefit plans, the laws governing defined benefit plans, the costs imposed on them by poor legislation, and the resulting disarray (including potential for financial crisis) in the defined benefit pension plan industry.
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