Taking analysis from the latest Census Bureau statistics, the Employee Benefit Research Institute estimates that among all workers (including those not offered a retirement plan at work), 39.6 percent participated in a retirement plan in 2009, about a percentage point less than 2008 and down almost 5 percentage points from the high of 44.4 percent registered in 2000.
A little more than half (54.4 percent) of those most likely to have benefits -- full-time, full-year wage and salary workers ages 21 to 64 -- participated in a retirement plan in 2009, down 6 percentage points from the high of 60.4 percent registered in 1999.
The rate of employers sponsoringretirement plans also dropped in 2009 to 61.8 percent for full-time, full-year wage and salary workers, down almost 8 percentage points from the high of 69.4 percent measured in 1999.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
