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Katherine C. Pearson, Editor, and a Member of the Law Professor Blogs Network on LexBlog.com

Retirement Crisis? New Report

The National Institute on Retirement Security has issued a new report, Retirement Security 2015: Roadmap for Policy Makers. Americans’ Views of the Retirement Crisis.  The 36 page report offers 7 key findings

    1. An overwhelming majority of Americans believe there is a retirement crisis…
    2. Three in four Americans remain highly anxious about their retirement outlook, but the concern has dissipated slightly as the economy has recovered…
    3. Even though Americans feel slightly less stressed about their retirement prospects, support for steady and reliable retirement income from a pension is high and growing…
    4. Americans continue to feel that leaders in Washington do not understand their struggle to save for retirement, and they strongly support efforts by states to set up retirement plans for those workers without access to an employer sponsored plan…
    5. Americans see retirement benefits as a job feature that is almost as important as salary…
    6. Americans express strong support for pensions for public employees…
    7. Protecting Social Security benefits is increasingly important…

    The nationwide poll is conducted every two years and “is intended to serve as a tool for policymakers, thought leaders and retirement service providers as they work to stem the retirement crisis and re-fortify the U.S. retirement infrastructure.” The full report is available here.