Americans’ Views of Social Security
Social Security has evolved to become backbone of the U.S. retirement savings system, particularly for middle-class Americans, and often is referred to as one of the nation’s most popular government programs. Nearly all workers participate in Social Security, which means nearly all retirees receive at least some income from Social Security each month. Despite the […]
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The Role of Defined Benefit Pensions in Recruiting and Retaining Public Safety Professionals
As state and local governments across the nation continue to struggle filling public safety positions, new research from the National Institute on Retirement Security (NIRS) explores how defined benefit pension plans are a critical workforce management tool for public safety employers. The Role of Defined Benefit Pensions in Recruiting and Retaining Public Safety Professionals examines data from a nationally representative sample of 28 police and fire pension plans, as well as national datasets.
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Americans’ Views of State-Facilitated Retirement Programs
A national survey of working-age Americans finds strong support for new state-facilitated retirement programs that are focused on helping workers without employer-provided plans save for retirement. More than three-fourths of Americans (77 percent) agree that state-facilitated retirement programs are a good idea. And at a time when the nation faces deep political division on a […]
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Policy Ideas for Boosting Defined Benefit Pensions In The Private Sector
In response to a request for information issued by the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee, the National Institute on Retirement Security has submitted a research issue brief with policy ideas to help expand defined benefit (DB) pension coverage for private-sector employees. The research brief, Policy Ideas for Boosting Defined Benefit Pensions […]
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What Do Women Think About Retirement?
Women face an uphill climb when it comes to preparing for retirement. They earn less than men, often take time away from the workforce for caregiving, they live longer, and are less likely to have access to a retirement plan at work. In fact, U.S. Census Bureau data show that half of women ages 55 […]
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Employees’ Retirement System Of Rhode Island: Examination Of Turnover Trends Since Retirement Reforms
Employees’ Retirement System Of Rhode Island: Examination Of Turnover Trends Since Retirement Reforms finds shifting employees in the Employees’ Retirement System of Rhode Island (ERSRI) from defined benefit pensions in 2012 to a hybrid retirement plan is causing demonstrable changes in public employee attrition.
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