While coverage by some sort of retirement plan is holding fairly steady in recent years, defined benefit plans are increasingly falling by the wayside and giving way to defined contribution plans.
That's according to a Towers Watson report that analyzed statistics on both coverage by and contributions to retirement plans from 2001–2013.
While there's been a slight drop in overall retirement plan coverage from 70 percent in 2001 to 68 percent in 2013, the analysis says that particular difference is "more likely due to sampling errors than to a drop in participation."
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