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Is Pension Coverage A Problem In The Private Sector?

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  • Alicia H. Munnell
  • Dina Bleckman

Abstract

The brief’s key findings are: Commentators question whether pension coverage is a serious problem, indicating that 80 percent have access to a plan. But this number refers to access – not participation – and to full-time workers in both the public and private sectors. A review of four household surveys and one employer survey finds that only about half of all private workers (age 25-64) are participating in a plan. So, yes, coverage remains a serious problem.

Suggested Citation

  • Alicia H. Munnell & Dina Bleckman, 2014. "Is Pension Coverage A Problem In The Private Sector?," Issues in Brief ib2014-7, Center for Retirement Research.
    • Handle: RePEc:crr:issbrf:ib2014-7
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    File URL: http://crr.bc.edu/briefs/is-pension-coverage-a-problem-in-the-private-sector/
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    Cited by:

    1. N/A, 2013. "Introduction to the Special Issue on Job Quality: What Does it Mean and How Might We Think about It?," ILR Review, Cornell University, ILR School, vol. 66(4), pages 739-752, July.
    2. Teresa Ghilarducci & Amanda Novello, 2017. "Inadequate Retirement Savings for Workers Nearing Retirement," SCEPA policy note series. 2017-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    3. Maloney Maureen & McCarthy Alma, 2017. "Pension provision by small employers in Ireland: an analysis of Personal Retirement Savings Account (PRSA) using bounded rationality theory," The Irish Journal of Management, Sciendo, vol. 36(3), pages 172-188.
    4. Munyambonera, Ezra & Katunze, Miriam & Munu, Martin Luther & Sserunjogi, Brian, 2018. "Expanding the Pension Sector in Uganda," Research Series 275661, Economic Policy Research Centre (EPRC).

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