Not exact matches
Among his recommendations, Astorino favors switching elected officials from the
defined - benefit pension
plan to a
defined -
contribution plan; replacing the per diem system for lawmaker expenses to one requiring stricter bookkeeping; and scrapping the state Joint Commission on Public Ethics in favor of a new independent ethics watchdog appointed by the judiciary.
New York's two - year - old Voluntary
Defined Contribution (VDC) retirement
plan — the most significant structural reform in Governor Andrew Cuomo's 2012 Tier 6 pension legislation — is shaping up as a popular alternative
among the relatively small number of government employees eligible to sign up for it.
New York's two - year - old Voluntary
Defined Contribution (VDC) retirement
plan is shaping up as a popular alternative
among the relatively small number of government employees eligible to sign up for it.
A Mercer white paper says
defined contribution plan sponsors should focus on ensuring sound
plan management and establishing success measures,
among other things.
«Within the
defined contribution space, there has been a movement
among plan sponsors to strip away the investment costs from the
plan costs,» explains Blanchett.
This move out of the not - at - all - confident group is observed primarily
among those reporting they or their spouses do not have a retirement
plan (
defined benefit,
defined contribution, or individual retirement account).