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
Recent WorkView All
Retirement savings plans such as 401(k)s usually place the responsibility for selecting and managing investments with individual workers. These choices can feel overwhelming for many employees, who may be unsure how much they need to save, have more pressing financial concerns than saving for what feels like a far-off retirement, and often lack the financial resources or educational background to... Read More
Families in the United States face substantial and growing challenges in trying to build their retirement savings. The nation’s private sector retirement system has been in a period of significant transition with the decline of defined benefit pension plans and the proliferation of employer-based retirement plans, such as 401(k)s. Still, about 30 million full-time private sector... Read More
Because most households have relatively fixed and expected expenses each month, a single financial shock— such as a major car repair or a sudden loss of income—can make meeting those obligations more difficult. When Americans experience these unexpected expenses, most look to multiple sources of money. Read More
Tuesday, April 12, 2016
8:30-10:30 AM EDT
U.S. Capitol Visitor Center,
Room SVC 208-209