- 60% of employees with less than 2 years of service with their employer who sponsors a DB plan said the retirement program was a key reason that they took that job, up from 27% a year earlier
- 72% said the retirement program is a reason they will stay with their employer up from 51% a year ago
- 4 of 5 workers at companies with DB plans said that they would like to stay with that company until they retire
- The percentage of workers under the age of 40 (working for companies with DB plans) who cited that as an important reason to work for their current employer jumped from 28% last year to 43% this year.
Is it time to consider putting in a new DB plan?
You can read Towers Watson's summary here: