<description>&lt;p&gt;For decades, companies with traditional pensions have been freezing those plans and replacing them with defined contribution options to help their employees save for retirement. But IBM made headlines when it restored its defined benefit program in early 2024. Three Milliman pension actuaries discuss this choice, new hybrid DB plan designs, and how plan sponsors can avoid the mistakes that led them to close their pension plans in the first place.&lt;br/&gt;You can read the episode transcript on our &lt;a href='https://www.milliman.com/en/insight/critical-point-podcast-are-corporate-pension-plans-making-a-comeback'&gt;website&lt;/a&gt;.&lt;/p&gt;</description>

Critical Point

Milliman, Inc.

Are corporate pension plans making a comeback?

MAR 11, 202419 MIN
Critical Point

Are corporate pension plans making a comeback?

MAR 11, 202419 MIN

Description

For decades, companies with traditional pensions have been freezing those plans and replacing them with defined contribution options to help their employees save for retirement. But IBM made headlines when it restored its defined benefit program in early 2024. Three Milliman pension actuaries discuss this choice, new hybrid DB plan designs, and how plan sponsors can avoid the mistakes that led them to close their pension plans in the first place.
You can read the episode transcript on our website.