During this unprecedented time, the CRR is on the case. Consistent with our mission, we are exploring how COVID-19 will impact retirement security from all angles. Our current resources are below.

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Economic and Health Data

Companies That Have Suspended Their 401(k) Match During 2020 
U.S. Deaths Involving COVID-19 Reported to the CDC 
Weekly Initial Unemployment Insurance Claims 
Change in Unemployment Rate in Recent Recessions and 2020, by Gender and Age 
Change in Unemployment Rate During Recessions, since the Great Depression 
Unemployment Rate since the Great Depression 

* Download all economic and health data

Other Data Resources
USC Survey Data: “Understanding Coronavirus in America”

COVID-19 Legislation

Coronavirus Preparedness and Response Supplemental Appropriations Act (enacted 3/6/20)
Families First Coronavirus Response Act (enacted 3/18/20)
Coronavirus Aid, Relief, and Economic Security Act (enacted 3/27/20)
Paycheck Protection Program and Health Care Enhancement Act (enacted 4/24/20)

Briefs

How Widespread Unemployment Might Affect Retirement Security
How Exposed Are Retirement Savings to Market Risk?
Can Older Workers Work from Home?
2020 Update: Market Decline Worsens the Outlook for Public Plans

Blogs

Squared Away by CRR Blogger Kim Blanton

COVID: The Challenge for Older Workers (6/30/20)
Virus Complicates Boomers’ Job Searches (6/25/20)
Recessions Hit Depressed Workers Hard (6/23/20)
Recession Slams Millennials – Again (6/18/20)
Readers Lament Decline in Boomer Health (6/16/20)
401ks are a Source of Cash in Pandemic (6/11/20)
Disability Applications Spike in Recession (6/9/20)
Money, Virus Angst Combine for Low-Paid (6/4/20)
How COVID-19 Spreads in Nursing Homes (5/26/20)
Lost Wealth Today vs the Great Recession (5/21/20)

MarketWatch by CRR Director Alicia H. Munnell

Older Workers are as Well Situated as Younger Workers to Work Remotely (6/9/20)
Can People Really Work at Home? (5/27/20)
Social Security and COVID-19: 3 Ways the Shutdown Could Impact the Program (5/18/20)
Increase in Unemployment Hits Older Workers Harder Than Prime-Age Workers (5/11/20)
Social Security Report Shows Uptick in 75-year Deficit (5/6/20)
How Will the Coronavirus Pandemic Affect Social Security’s Finances? (4/30/20)
Employers Start to Suspend Their 401(k) Match (4/21/20)
Suspending the RMD Rules for 2020 Is a Good Move (4/14/20)
Congress Missed a Big Opportunity in the CARES Legislation (4/6/20)
Why Do So Many People Need Financial Help? (3/30/20)

CRR in the News

CNBC: Covid-19 Could Upend Plans for Older Workers Who Want to Retire (7/6/20)
The Financial Times: “Older Staff Most Likely to Benefit from Work from Home” (6/9/20)
The Wall Street Journal: “Should You Tap Retirement Funds in a Crisis?” (6/4/20)
Governing: “Pandemic Will Mean a Worse Retirement for Millions of Workers” (6/1/20)
The Los Angeles Times: “Coronavirus Brought Economic Catastrophe. Here’s How to Recover” (5/31/20)
The Boston Globe: “For Workers 65+, Nothing Says You’re Old Like a Stay-At-Home Advisory” (5/21/20)
The New York Times: “Facing Adulthood With an Economic Disaster’s Lasting Scars” (5/19/20)
Investment and Pensions Europe: Letter From US: Short-Term Relief, Long-Term Pain” (5/1/20)
Morningstar: “What the Economic Downturn Could Mean for Pension Plans” (4/28/20)
AARP: “What to Do If Your Employer Suspends 401(k) Matches During Pandemic” (4/23/20

CRR Research on the 2008-2009 Recession

The Effects of the Great Recession on the Retirement Security of Older Workers
Are Retirement Savings Too Exposed to Market Risk?
The Financial Crisis and Private Defined Benefit Plans
The Financial Crisis and State/Local Defined Benefit Plans
Recessions and Older Workers
The National Retirement Risk Index: After The Crash
Why Did Some Employers Suspend Their 401(k) Match?
401(k) Plans in 2010: An Update from the SCF
Who Claimed Social Security Early Due to the Great Recession?

From Our Affiliates

Brookings Institution: “Resources on Coronavirus [COVID-19]”
Mathematica: “COVID-19 Curated Data, Modeling, and Policy Resources”
Urban Institute: “COVID-19: Policies to Protect People and Communities”

 

This page was last updated on July 7, 2020.