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Study: pension plans help employee retention.

Publication: Westchester County Business Journal
Publication Date: 24-JAN-05 		Format: Online - approximately 464 words
Delivery: Immediate Online Access
Full Article Title: Study: pension plans help employee retention.(Human Resources)

Article Excerpt
The majority of U.S. companies offering a traditional pension plan, cash balance plan or a pension-equity plan say they believe their plan directly impacts employee retention, according to a recent survey by Diversified Investment Advisors in Purchase.

"Most employers see a tangible value in offering a defined benefit plan to their employees, despite the high costs typically associated with it," said Chris Cumming, senior vice president at Diversified....

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