@article{bibcite_191,
  author = {John Mulvey},
  title = {Modernizing the defined-benefit pension system},
  abstract = {<p>The defined-benefit pension system may not survive into the future absent changes in the current regulatory environment. A risk-based and anticipatory approach to evaluating pension trusts is proposed as a way to diminish the probability that large and insolvent companies will transfer their pension trusts to the Pension Benefit Guaranty Corporation. Because current difficulties are concentrated in a few industries, there will be severe problems in the future if the healthiest companies reduce their exposure to defined-benefit pensions.</p>
},
  year = {2005},
  journal = {Journal of Portfolio Management},
  volume = {31},
  pages = {73{\textendash}82},
  month = {01/2005},
  issn = {0095-4918},
  doi = {10.3905/jpm.2005.470580},
}