Tag: pension participation
For decades, we and other commentators have asserted that, at any given time, roughly 50 percent of private sector workers participate in an employer-sponsored retirement plan. It used to be easy to check out the “50 percent” number because the federal government’s Current Population Survey (CPS) produced data on coverage and participation for public and…
Abstract People face a wide range of risks throughout their lifetime that can disrupt employment, reduce earnings, derail retirement planning, and impair economic well-being later in life. This paper measures the impact of health, employment, and marital status shocks on lifetime earnings. Using household survey data from the Survey of Income and Program Participation matched…
