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New life for cash balance plans?


Cash balance plans once were the fastest growing type of pension plan design until several lawsuits alleged that the design discriminated against older employees. However, recent federal pension reform legislation and a court ruling involving IBM Corp.'s cash balance plan rebut those claims of age bias, affirming the legitimacy of these plans.

Business Insurance invites readers to register for "Cash Balance Plans: Back on the Table," a free online panel discussion on Oct. 17 that will explore these new developments and what they mean for employers.

Join Business Insurance Editor-at-Large Jerry Geisel and our panel of pension and legal experts:

  • Alan Glickstein, senior consultant with Watson Wyatt Worldwide in Dallas.

  • Larry Sher, principal and director of retirement policy for Buck Consultants L.L.C. in New York.

  • Bill Sweetnam, principal with The Groom Law Group in Washington.

BI's Online Executive ForumTM webinars, developed by our editorial staff, are highly informative online events where noted speakers and respected business leaders come together with BI editors to discuss the most pressing issues in this live interactive format.

For more information, and to register for the free Oct. 17 Online Executive ForumTM on cash balance pension plans, please visit