Missouri Teachers are Better Off in a Defined Benefit Plan than a 401k
New Independent Research Study Confirms the Value of Defined Benefit Pension Plans
February 13, 2019
A recent study conducted by UC Berkeley Labor Center and the National Institute on Retirement Security (NIRS) confirms that defined benefit pension plans like PSRS are better designed to meet the long-term financial needs of teachers in retirement than a 401(k)-type plan.
