Defined benefit pension income plays a critical role in reducing the risk of poverty and hardship for older Americans. Poverty rates among older households lacking pension income are about six times greater than those with such income.
Washington, D.C. - The National Institute on Retirement Security holds its inaugural policy conference on Tues, Feb, 2, 2010 to examine challenges, solutions for addressing the U.S. retirement security crisis.
When President Obama delivers the State of the Union address, a major focus likely will be jobs. Although the unemployment rate seems to have stabilized in recent months, roughly one in ten Americans actively looking for a job cannot find one.