Strengthening the pension opportunities for small businesses through privatized means has been a significant push in recent months by the National Conference on Public Employee Retirement Systems; a new report from the Government Accountability Office gives further weight to the organization’s pension reform proposals.

The GAO’s “Private Pensions: Better Agency Coordination Could Help Small Employers Address Challenges to Plan Sponsorship,” suggests that ideas such as NCPERS’ Secure Choice Pension – a public/private enterprise effort, modeled after a cash balance-styled defined benefit program and designed to supplement 401(k) savings and Social Security benefits – might be a step in the right direction.

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