Please answer and give references. Thanks
1. Many employers have shifted from defined benefit plans to defined contribution plans for retirement. What impact do you think that this shift has had on the retirement futures for many employees?
2. How do the objectives of executive retirement plans differ from the objectives of retirement programs for employees?
3. From the perspective of the employer, pension and/or retirement plans represent a significant, strategic element of an overall benefit portfolio. The employees themselves consider their retirement benefits to be the second-most important aspect of this portfolio, second only to healthcare. What are your thoughts?
4. What is a SERP? How do SERPs work? What are the pros and cons of this type of plan for both the company and the employee?