Mission Statement

The current mission of the Coalition to Preserve the Defined Benefit System is to create a positive policy climate for hybrid (cash balance and pension equity) and other innovative defined benefit plan designs through education, outreach, and legislative and regulatory advocacy. Specifically, the Coalition seeks to advance legislation that (1) clarifies that the cash balance and pension equity plan designs satisfy age discrimination requirements, (2) provides legal certainty for plan sponsors that have already converted to these hybrid plans, and (3) establishes rules for future pension plan conversions that will not deter use of innovative defined benefit plan designs.