Dr. Lorenz Weimann
Receive the latest Allianz news and information about upcoming events.
Follow Economic Research on Twitter
The evident transition in the US pension landscape can be identified by three trends:
I. Less generous Social Security benefits.
II. A continuing shift from defined benefit to defined contribution pension plans, leaving employees holding more of the risks associated with capital markets and longevity.
III. A structural shift in company pension plans towards individual pension plans, such as Individual Retirements Accounts (IRAs).