Tuesday, April 01, 2014


[IWS] Towers Watson: EXECUTIVE RETIREMENT BENEFITS: Recent Actions and Design Considerations--United States 2013 [31 March 2014]

IWS Documented News Service


Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau



Towers Watson


EXECUTIVE RETIREMENT BENEFITS: Survey of Executive Retirement Benefit Practices — Benefits Data Source

Recent Actions and Design Considerations--United States 2013

Survey of Executive Retirement Benefits Practices




[full-text, 20 pages]


• On average, executive benefit plans deliver an additional 5% to 7% of earnings in annual retirement income to a mid-level executive.



• About half of organizations that sponsor employer-paid nonqualified plans offer only pure restoration executive benefits.


The spotlight on executive rewards — salary, annual bonus, long-term incentives and benefits — continues to be strong. The variety of enhanced disclosures enacted in recent years, along with sustained and in-depth scrutiny from shareholders and regulators, continue to put pressure on compensation committees to appropriately evaluate and justify each element of compensation.


Towers Watson's latest study of 352 U.S. organizations' executive retirement benefit practices sheds light on the current state, and compares it to our 2009 and 2011 findings. This report provides data related to nonqualified retirement plans — including types of plans, the level of benefits provided to a typical executive and the prevalence of key benefit provisions.


Press Release 31 March 2014

Study Explores the Continuing Evolution of Executive Retirement Benefit Arrangements





This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.



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