Slightly more than one-fifth of the nation's 100 largest companies now have hybrid pension plans, according to a new survey by Watson Wyatt Worldwide. That is up from just 1% in 1984, when such hybrid plans were first introduced.
While 68% of the Fortune 100 companies offer traditional pension plans, 16% have cash balance plans, and 6% have pension equity plans, according to Watson Wyatt. Many of these companies also offer 401(k) retirement plans.
