Filed Under:Markets, Employee Benefits

Retirement plan sponsorship, participation grows

In 2012, 61 percent of workers worked for an employer or union that sponsored a pension or retirement plan.
In 2012, 61 percent of workers worked for an employer or union that sponsored a pension or retirement plan.

Since the end of the economic recession, a higher percentage of workers are working for employers that offer retirement plans and a greater percentage of them are participating in the plans, according to a new report by the nonpartisan Employee Benefit Research Institute.

The data in the report are from the U.S. Census Bureau’s latest Survey of Income and Program Participation (SIPP) on retirement plan participation, covering December 2011 to March 2012. The full report is published in the August EBRI Notes, “Retirement Plan Participation: Survey of Income and Program Participation (SIPP) Data, 2012.”

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Nichole Morford

Nichole Morford
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