Tag: private sector workers

Pink piggy banks overhead view

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…

Wooden figures on puzzle pieces on yellow background

At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan.  As a result, roughly one-third of households end up completely reliant on Social Security at retirement, while others move in and out of coverage throughout their careers and end up with only modest balances in a…