The mission of the Coalition to Preserve the Defined Benefit System is to create a positive policy climate for hybrid plans and other innovative defined benefit designs.

Specifically, the Coalition seeks to advance legislation that promotes hybrid design, provides legal certainty for plan sponsors that have already converted to hybrids and establishes future rules that support hybrid design sponsors.

The Coalition is made up of more than 75 defined benefit sponsors of varying sizes that provide retirement benefits to more than 1.5 million employees.