The barometer is falling when it comes to how well companies are helping employees focus on their retirement income as well as retirement savings. In a new report on Fortune 1000 companies, MetLife’s inaugural Qualified Retirement Plan Barometer assigned a score across all plan types of 59 out of a possible 100. The higher the barometer, the stronger the overall culture of retirement income. While individual scores vary, the companies that offer broad access to defined benefit and defined contribution plans outpace plan sponsors who offer only a DC plan or incidental access to a DB plan as well as a DC plan.
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