Faulty data provided by the U.S. Census Bureau suggests fewerAmericans are participating in workplace retirement plans thanactually are, according to new research from the non-partisanEmployee Benefits Research Institute.
The Annual Social and Economic Supplement to Current PopulationSurvey, which is conducted every two years by the Census Bureau, provides annual estimates onretirement plan participation. The survey alsoprovides a primary source for estimates on retiree income.
In 2014, the Census Bureau redesigned its questionnaire, resulting in adramatic 11 percent drop in the number of Americans that said theyparticipated in a workplace retirement plan between 2013 and2015.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
