Friedberg, Leora (contributor); … - 2004 - [Elektronische Ressource], rev
two decades. Over the
same period, traditional de�ned bene�t pensions, designed to reward long tenure, have become … duration and thus the appeal of DB pensions.
This explanation is consistent with observed trends and suggests an additional … the early 1980s. Tradi-
tional de�ned bene�t pensions, designed to reward long tenure, have become steadily less common …