Tag: Early retirement
![Family Business Fun](https://crr.bc.edu/wp-content/uploads/2022/11/older_workers_1-1-1536x1024.jpg)
The brief’s key findings are: The ability to stay on the job long enough for a secure retirement may vary by socioeconomic status (SES). Using education for SES, the analysis calculates a retirement gap – the difference between how long households plan to work and how long they need to work. Not surprisingly, retirement gaps…
![Firefighter,Helmet,And,Protection,Coat,Hanging,In,The,Fire,Station](https://crr.bc.edu/wp-content/uploads/2022/11/state_and_local_pensions_8-1536x864.jpg)
The brief’s key findings are: Connecticut’s State Employees Retirement System faces a large unfunded liability, despite recent efforts by the State to fund. A significant source of the liability is the “legacy debt” built up before the State began pre-funding its pensions in the 1970s. More recently, inadequate contributions, low investment returns (since 2000), and early…