In the News • September 1, 2021
In a new Forbes column, NIRS Executive Director Dan Doonan writes that most working Americans will continue to struggle to achieve retirement security because the ownership of financial assets is highly concentrated among the wealthiest. He explains that a new analysis, Stark Inequality, examines the role of race in financial asset ownership. Boomer, Gen X, […]
Press Release • September 1, 2021
Accumulation of Financial Assets Increasingly Unequal, Especially for Blacks and Hispanics Growing Economic Inequality and Changes to Retirement Structure Further Weaken Middle Class Retirement Security The National Institute on Retirement Security Hosts a Webinar to Review New Research Report WASHINGTON, D.C., September 1, 2021 – A new report finds that economic inequality continues to grow, […]
In the News • August 5, 2021
In a new Forbes column, Dan Doonan, NIRS executive director, says that many Americans are worried about retirement. But, substantial differences emerge across generations. Millennials (72 percent) and Generation X (59 percent) are significantly more more pessimistic about achieving financial security in retirement as compared to Baby Boomers (43 percent) and the Silent Generation (26 […]
Press Release • July 19, 2021
New Research Finds Millennials and Gen X Increasingly Concerned About Retirement in Wake of Pandemic National Poll Finds Strong Support Across Generations for Pensions and Social Security WASHINGTON, D.C., July 19, 2021 – A national survey finds that Millennials and Generation X are more worried about retirement as compared to older generations. Sixty-four percent of […]
In the News • July 1, 2021
In a Forbes column, Dan Doonan says that retirement plan design can make or break an employee’s ability to maintain their standard of living in retirement. But over the past several decades, many private sector companies implemented a complete overhaul in retirement plan design, shifting from defined benefit pensions to 401(k)-style defined contribution accounts. As […]
Press Release • May 10, 2021
New Research Offers Comprehensive Guide on Public Sector Hybrid Retirement Plans The National Institute on Retirement Security Hosts a Webinar on May 12 at 2 PM to Review Research WASHINGTON, D.C., May 10, 2021 – A new report provides a comprehensive overview of the many aspects of public sector hybrid retirement plan designs. The report […]
In the News • May 7, 2021
In a Forbes column, NIRS Executive Director Dan Doonan says there is one thing we all can do on Mother’s Day – commit to finding solutions that deliver better retirement security for women. Many Americans are struggling to save for retirement, but women face even higher hurdles. The causes include the gender pay gap, longer […]
In the News • April 1, 2021
Florida lawmakers are considering legislation that would eliminate retirement plan choice for state employees. The proposed measure would do away with defined benefit pensions for newly-hired employees, offering only a 401(k)-style defined contribution plan. Other states and localities that have implemented dramatic shifts to their public employee retirement plans have experienced unfortunate, unintended consequences – […]
Press Release • March 18, 2021
Floridians Strongly Support Pensions for Public School Teachers Public Support Comes as Lawmakers Consider Pension Legislation Would Eliminate Teacher Choice and Drive up Taxpayer Costs WASHINGTON, DC, March 18, 2021 – As Florida lawmakers consider legislation that would strip away pensions for teachers, a new state-wide survey finds that Floridians overwhelming support providing these retirement […]