Re-Inventing The Retirement Landscape With Hybrid Pension Plans

Today, with people living longer, rising healthcare costs, and poor savings culture, retirement is a looming crisis for most. Moreover, employers moving away from offering guaranteed retiral benefits have mostly shifted to defined contribution plans. Considering the importance of a secure retirement and the magnitude of the problem, all stakeholders are responsible for actively working towards a solution. In this context, hybrid pension plans can emerge as a game-changer, tackling many challenges of the current crisis, right from savings motivation to retiral income. Additionally, the composition and rules of such a hybrid pension plan are paramount to achieve success. This paper discusses a ‘golden rules’ driven hybrid pension plan which guarantees retiral benefits that are not only progressive but also contingent on defined contributions.

Click here to Download

Request for services

Find out more about how we can help your organization navigate its next. Let us know your areas of interest so that we can serve you better