Tag: private sector pension plans
The brief’s key findings are: Obtaining an employer pension involves four steps: 1) having a job; 2) working for a firm with a plan; 3) being eligible for the plan; and 4) taking up the plan. For lower-income individuals, the weakest links in this chain are a lack of employment and employment with firms that…
The brief’s key findings are: Commentators question whether pension coverage is a serious problem, indicating that 80 percent have access to a plan. But this number refers to access – not participation – and to full-time workers in both the public and private sectors. A review of four household surveys and one employer survey finds…