Increasing Retirement Savings
A discussion about state and federal proposals to boost access to private sector retirement plans
Workers in the United States accumulate the vast majority of their retirement savings through employer-based plans, but large gaps in coverage exist. A recent analysis by The Pew Charitable Trusts shows that more than 30 million private-sector workers report they do not have access to an employer-based retirement plan.
On April 12, 2016, Pew’s retirement savings project will host a discussion in the U.S. Capitol Visitor Center with experts on state and federal approaches to ensure that more Americans have the opportunity to save sufficient amounts for retirement.
Senator Ben Cardin (D-MD), a member of the Senate Finance Committee, will deliver opening remarks.
John Scott, director of Pew’s retirement savings project:
Increasing Retirement Savings: A discussion about state and federal proposals to boost access to private sector retirement plans
Debra Whitman, chief public policy officer, AARP:
Work and Save
James A. Klein, president, American Benefits Council:
Increasing Retirement Savings: State and Federal Proposals to Address Access to Private Sector Retirement Plans
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For many, retirement security in the United States is uncertain. Experts recommend that Americans havemultiple sources of retirement income—including Social Security, personal savings, and employer-sponsoredsavings plans—to ensure financial health after their working years. However, more than one-third of all privatesector workers lack access to a workplace plan. Moreover, 31 percent of those... Read More
Most Americans save for retirement through employer-provided plans, but over 30 million private sector workers lack access to a plan through their jobs. The availability of savings opportunities varies significantly by state. Since legislative efforts began in earnest in 2012, 80 percent of states have considered—or are considering—legislation to address gaps in access. Eight—California,... Read More
Americans typically rely on employer-sponsored plans for retirement savings, yet nearly half of U.S. firms—and 70 percent of small businesses—do not offer workers this option. Research by Pew explores the challenges that confront businesses trying to establish plans and workers who need to accumulate and maintain retirement savings. Read More
Tuesday, April 12, 2016
8:30-10:30 AM EDT
U.S. Capitol Visitor Center,
Room SVC 208-209