Most sponsors of substantial U.S. retirement plans say they are trying to keep the plans going this year.
Researchers in the Stamford, Conn., office of Towers Perrin Forster & Crosby Inc., have reported that finding in a summary of results from a February survey of 480 human resources and benefits executives at large and midsize U.S. employers.
Only 3% of the participants at employers with defined benefit pension plans said the employers intend to close the plans to new participants within the next 18 months.
Only 10% said their employers were thinking about closing the defined benefit plans.