Risk Sharing Pension Plans: Sustainability, Affordability, Adequacy, and Fairness
Mary Hardy will discuss a form of Target Benefit Plan (TBP) that allows for structured, transparent inter-generational risk sharing (IRS). During the webinar they will compare the IRS plan design with the traditional DB design. They will discuss very broad areas of comparison: affordability (average cost), sustainability (volatility of costs), efficiency, adequacy of benefits, and fairness.