Joe Nunes:

DB regulations fell so far behind what was practical that it drove the success of the DC industry. Now the DC industry is confessing its failures (see the most recent CAP member survey) and the race is on to see which regime will get its act together the fastest.

Monday, May 06 at 11:08 am | Reply

Randy Bauslaugh:

Excellent overview. I agree solvency funding changes won’t stop the transformation to DC because accounting rules will continue to drive that. A shift from single employer DB to multi-employer DB (effectively target benefits) would provide more cost efficiency and certainty for employers and better benefits for employees. As long as frequent changes to contribution rates are not occurring, DB MEPPs will also be subject to DC, not DB accounting.

Monday, May 06 at 12:07 pm | Reply

Donna:

Does not discuss how a working team functions with a two-tiered program when DB taken off, especially when a certified branch or unit with non-union units. Union busting strategies become the corporate model. Good luck 20 years from now and how the economy is? Rich and poor no middle class!

Wednesday, May 22 at 1:46 pm | Reply