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Are Washington Workers Ready for Retirement?

Teresa Ghilarducci (), Joelle Saad-Lessler, Kate Bahn and Anthony Bonen ()

No 2014-02, SCEPA publication series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: In addition to Social Security, Washington workers depend on the accessibility and affordability of employer-sponsored retirement plans to support them in retirement. This report reveals that Washington employers are offering fewer retirement plans to their employees today. The overall decline in plan sponsorship, coupled with the shift from DB to DC plans, represents a real threat to workers' retirement security. Left unchanged, Washington's residents will face increasing downward mobility in retirement.

Keywords: Retirement; Social Security; Washington (search for similar items in EconPapers)
JEL-codes: E21 H55 J26 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2014-04
New Economics Papers: this item is included in nep-age, nep-mac and nep-pbe
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