Archive: Center for Retirement Research
This series quantifies the “legacy debt” (unfunded liabilities from long ago) for several major state-administered retirement systems and offers a new approach to better manage these liabilities. Connecticut CT State Employees Retirement System CT Teachers’ Retirement System Illinois IL State Employees Retirement System IL State Universities Retirement System IL Teachers’ Retirement System Massachusetts MA Stat…
The report’s key findings are: Smaller firms are less likely to offer a retirement plan than larger firms but, even so, about half do sponsor a plan. Data on these firms is limited, but they tend to have more highly paid and educated workers and operate in finance, health, and education. Firms without a…
