Healthcare Magazine August 2014 | Page 20

finance
rates ,” the study noted . “ Executives are now able to weigh the relative advantages and disadvantages of plan restructuring alternatives that can lead to the ultimate disposition of their pension liabilities .”
The survey targeted senior financial executives at companies with defined benefit retirement plans holding $ 250 million or more in assets – plans that pay out a specified benefit to retirees . Most of the 182 companies included in the survey had revenue of more than $ 500 million and more than half had revenue of more than $ 5 billion .
“ Many finance executives in this year ’ s survey perceive a trend toward employees extending their careers beyond historical retirement ages . In the face of this , companies are also considering expanding offerings in defined contribution plans to enhance security and reduce volatility in their employees ’ retirement investment strategies . Automatic enrollments , stable value funds , and guaranteed income products are receiving more attention , and executives continue to consider ways to enhance targetdate funds to reduce risk and provide retirement income ,” the survey stated . Thirty-five percent of responding
20 August 2014