Filed Under:Markets, Employee Benefits

Fortune 200 companies shifting to DC plans for top execs

Sixty-one companies adopted a DC-based restoration plan after freezing or closing a DB plan for key executives.
Sixty-one companies adopted a DC-based restoration plan after freezing or closing a DB plan for key executives.

Most Fortune 200 companies now offer restoration plans to key executives in lieu of supplemental executive retirement plans, according to new research.

Towers Watson discloses this finding in an August 2014 report on executive compensation plans. The research explores 2013 Fortune 200 firms that froze or closed traditional defined benefit (DB) pension plans or converted the DB plans to hybrid arrangements that combine features of DB plans and defined contribution (DC) plans.

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Nichole Morford

Nichole Morford
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