One third of Irish DB schemes to close to new members

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IRELAND - About one third of Irish defined benefit schemes will be closed to new entrants within two years time, a new study by Mercer Human Resource Consulting has revealed.

The study found 40% of DB scheme sponsors do not intend to change their scheme for the foreseeable future, but a further 30% had made benefit changes over the last two years and an additional 30% i...

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