Administrative costs of state run defined benefit plans

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By Richard A. Wright | 28 August 2012

In response to studies showing inadequate retirement savings by workers, some states are considering legislation that would require private employers who don’t already offer a retirement plan to automatically enroll employees into a retirement program. In evaluating the merits of these proposals, it is important to consider the administrative requirements and costs of these efforts.

This paper was commissioned by American Council of Life Insurers.