Comments on: ERISA Defined Benefit (DB) Retirement Plans Aren’t Dead Yet http://aikenandaiken.com/blog/benefits-lawyers/54 An Erisa, Employment And Benefits Law Blog From The Law Firm Of Sat, 22 Nov 2008 04:56:16 +0000 http://wordpress.org/?v=2.6.3 By: Barbara J. Avard http://aikenandaiken.com/blog/benefits-lawyers/54#comment-49 Barbara J. Avard Fri, 20 Jun 2008 21:30:09 +0000 http://aikenandaiken.com/blog/?p=54#comment-49 As the Administrator of a government DB plan which is 100% funded and which receives matching contributions from both the participants and the employer, I applaud your editorial. I believe that very few people can successfully accrue enough savings during their working life to sustain a reasonable retirement. I also believe every person lucky enough to have a DB retirement plan should participate in the funding of that plan. Those government DB plans which have been appropriately administered with good governance and using best practices have been successful and are well-funded and will continue to provide government employees with retirement income for a comfortable retirement until death. As the Administrator of a government DB plan which is 100% funded and which receives matching contributions from both the participants and the employer, I applaud your editorial.

I believe that very few people can successfully accrue enough savings during their working life to sustain a reasonable retirement.

I also believe every person lucky enough to have a DB retirement plan should participate in the funding of that plan.

Those government DB plans which have been appropriately administered with good governance and using best practices have been successful and are well-funded and will continue to provide government employees with retirement income for a comfortable retirement until death.

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