Increased employee mobility will reinforce the continued trend toward defined contribution plans like 401(k)s.

Question

Quizplus · Accepted Answer

If more mobility across employers becomes necessary or desirable, the current pension system's incentives against (or penalties for)mobility may require modification. Also, perhaps increased employee mobility will reinforce the continued trend toward defined contribution plans [like 401(k)s], which have greater portability (ease of transfer of funds)across employers.

Increased Employee Mobility Will Reinforce the Continued Trend Toward Defined