The job market may have cooled this year, but it was so strong in 2023, when employers were shopping for benefits for 2024, that it helped stabilize access to post-retirement employee health benefits.

Conventional wisdom is that employer-sponsored retiree health benefits vanished sometime around the time the floppy disk drive disappeared.

But the percentage of U.S. civilian workers who had access to retiree health benefits at age 65 steady at 20% this year, according to new Bureau of Labor Statistics annual employee benefits survey data that came out Thursday.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.