| Responsibility for retirement planning shifts to employees. | |
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MedLine Citation:
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PMID: 10146045 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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In recent years, organizations have shifted away from offering their employees defined benefit plans that promise specified income streams to employees when they retire. Instead, they are offering employees defined contribution plans, which rely on investment performance, as directed by plan participants, to generate sufficient retirement income. Healthcare financial managers who work in organizations that offer retirement plans for their employees find themselves increasingly prevailed upon to play the role of instructor to plan participants. While some financial managers may not relish the role, the more successful financial managers are at helping plan participants achieve their retirement income goals, the better the chance of healthcare organizations avoiding future liability problems. |
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Authors:
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N Van Gelder |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Healthcare financial management : journal of the Healthcare Financial Management Association Volume: 48 ISSN: 0735-0732 ISO Abbreviation: Healthc Financ Manage Publication Date: 1994 Aug |
Date Detail:
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Created Date: 1994-09-02 Completed Date: 1994-09-02 Revised Date: 2004-11-17 |
Medline Journal Info:
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Nlm Unique ID: 8215859 Medline TA: Healthc Financ Manage Country: UNITED STATES |
Other Details:
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Languages: eng Pagination: 50, 52, 54 Citation Subset: H |
Affiliation:
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Wells Fargo Bank, San Francisco, CA. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Aged Financing, Personal / trends Health Benefit Plans, Employee / trends* Humans Income Tax / legislation & jurisprudence Inflation, Economic Investments / economics* Retirement / economics* United States |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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