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
As the focus of the private sector retirement system has shifted in recent decades from traditional pensionsto defined contribution plans, worker savings have played an increasingly critical role in ensuring retirementsecurity. And that means workers must consider how best to use their investments. Retiring workers may be ableto use their retirement savings, among other options, to delay the... Read More
As Oregon launches a program to help private sector workers who lack workplace retirement plans to save for their futures, the rates of eligible employees taking part—those who do not choose to opt out—suggest a promising beginning. Read More
Five states—California, Connecticut, Illinois, Maryland, and Oregon—are launching programs to help private sector employees without workplace retirement plans save for the future. The programs will enroll eligible workers automatically in privately managed individual retirement accounts, though workers can choose to opt out. Known as auto-IRAs, these plans are intended to provide a... Read More
Tuesday, April 12, 2016
8:30-10:30 AM EDT
U.S. Capitol Visitor Center,
Room SVC 208-209