A Quarter Of North American Defined Benefit Pension Plans Set To Close, Predicts SEI Survey

A Quick Poll released by SEI indicates that, while nearly half (42%) of US and Canadian plan sponsors polled remain committed to their defined benefit plans, more than a quarter (29%) say they will either close, freeze, or terminate their

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A Quick Poll released by SEI indicates that, while nearly half (42%) of US and Canadian plan sponsors polled remain committed to their defined benefit plans, more than a quarter (29%) say they will either close, freeze, or terminate their pensions by the end of 2007. If that were to occur, 52% of the 302 US and Canadian plans polled will be closed, frozen, or terminated by the end of 2007.

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