For some large companies, a defined benefits plan is a cost-effective way to provide additional rewards to some of their most valuable workers while allowing the employer to retire employees in an orderly manner, according to a new paper released by Towers Watson.

In its “Perspective” paper, Towers Watson outlined how various employees would fare based on participation in a DB plan versus a defined contribution plan and assessed whether the workforce planning advantage of DB plans justify the cost and risk of plan sponsorships.

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