Sagitec is helping their public pension clients implement defined contribution plans
- Jordan Bartlett
- Mon, Jun 26, 2017
- Defined Contribution, Pension, Pension Administration
Less than 30 years ago, defined contribution (DC) retirement plans were a rather novel retirement savings vehicle. Now, DC plans are the most popular employer-sponsored retirement plan in the United States, according to the American Benefits Counsel. Within the public sector, DC plans are playing an ever more increasing role in state and local retirement programs.
NCTR Chief Shares Why DC Plans are "Inadequate" for Retirement Security
- Rick Deshler
- Thu, Dec 05, 2013
- Public Pension Plans, Managing Risk, Defined Contribution
Over the last 25 years, the pendulum in the public pension industry has been swinging from Defined Benefit (DB) plans to Defined Contribution (DC) plans. Powerful advocates in the government and financial sectors have proclaimed that DC plans are the key to reforming a broken pension industry, regardless of the state of the economy. In a bear market, DB plans are unsustainable they say. They put state and local agencies on the path to inevitable failure. On the other hand, in a bull market, DC plans significantly outperform DB plans. Why wouldn’t a pension fund want to follow the DC model?
Subscribe to Email Updates
About this blog
Sagitec is a global technology solutions company delivering dynamic, tailor-made IT solutions to leading public and private organizations. Subscribe to our blog to stay up-to-date with the latest industry news and trends.
Recent Posts
Posts by Topic
- Pension Administration (19)
- IT Projects (18)
- Pension (18)
- Sagitec Company News (11)
- healconnect (11)
- business strategy (10)
- labor and employment (10)
- Business Process Improvement (9)
- Pension Funds (9)
- health care and life sciences (9)
- mobile application (8)
- Change Management (7)
- Managing Risk (7)
- Pension Education (7)
- Software Development (7)
- Digital (6)
- Microsoft Azure Government Cloud (6)
- Software (6)
- Unemployment Insurance (6)
- chatbots (6)
- mobias (6)
- Corporate Social Responsibility (5)
- Digital Health Stack (5)
- Health care and lfe sciences (5)
- Organizational Culture (5)
- Public Pension Plans (5)
- pension system implementation (5)
- web portals (5)
- Agile Software Development (4)
- Cyber Security (4)
- Enterprise Knowledge Management (4)
- Metrics (4)
- pharmaceutical (4)
- DataOps (3)
- FAQ (3)
- Framework (3)
- IT Implementation Projects (3)
- Knowtion (3)
- Learning management (3)
- Microsoft (3)
- NPEA (3)
- Pension Administration System Implementation (3)
- analyzing websites with analytics (3)
- community service (3)
- fraud (3)
- healthcare (3)
- integrating google analytics (3)
- social factors (3)
- website analytics (3)
- CMS Mandate (2)
- Community Drives (2)
- Defined Contribution (2)
- Functional Requirements (2)
- JAD Session (2)
- Key Performance Indicators (2)
- Low code platform (2)
- Neospin (2)
- Professional IT Services (2)
- RFP Tips (2)
- Training and Development (2)
- data conversion (2)
- API Management (1)
- Aid India (1)
- Benchmarking (1)
- Canadian Days (1)
- Case Study (1)
- Cost of Living Adjustment (1)
- Defined Benefit (1)
- IT System Support (1)
- Legacy System Replacement (1)
- MVVM (1)
- NASWA (1)
- Neosurance (1)
- Performance Bonds (1)
- Private Pension Plans (1)
- Project Management (1)
- Remote Service Trends (1)
- Software Documentation (1)
- State Retirement System (1)
- Success Stories (1)
- clinical trials (1)
- contract terms and conditions (1)
- corporate wellness (1)
- correspondence (1)
- fixed price contracts (1)
- human resources (1)
- identifying insights (1)
- leapfrog (1)
- leapfrogging (1)
- pension application architecture (1)
- pension system replacement projects (1)
- reemployment services (1)
- software migration (1)