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Many companies are enriching their retirement benefits

Workers may be in for a treat – some companies plan to boost their retirement benefits in the next few years, as they look to hire and retain talent, according to a new survey. U.S. employers are improving their defined-contribution plans, such as the 401(k) plan, according to a Willis Towers Watson survey of 363 companies that together employ more than eight million people across numerous industries. The survey results come as employers are grappling with a tight employment market and struggling to hire people.

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