This paper simulates (under several assumptions) the likely impact of 401(k) plan sponsors switching from voluntary enrollment systems to automatic enrollment designs with automatic escalation of contributions for a significant portion of workers (not just current 401(k) participants or those...

Workers' participation in a retirement plan, either through an employment-based arrangement or individually, is a crucial factor in accumulating sufficient resources to pay for expenses in retirement. This paper examines the distribution of total assets held in individual account retirement...

Individual account retirement plans, such as 401(k) plans and individual retirement accounts (IRAs), have grown to be the predominant source of retirement assets for private-sector workers, and are becoming increasingly important for public-sector workers as well. Tracking the percentage of...

This paper examines the level of participation by workers in public- and private-sector employment-based pension or retirement plans, based on the U.S. Census Bureau’s March 2011 Current Population Survey (CPS), the most recent data currently available (for year-end 2010). Among all...

The EBRI Retirement Readiness Rating™ was developed in 2003 using the EBRI Retirement Security Projection Model® (RSPM) to provide assessment of national retirement income prospects. The 2010 update uses the most recent data and considers retirement plan changes (e.g., automatic enrollment,...

This paper examines the employment status (full time, part time, or part year) of workers ages 55 or older using the latest March Current Population Survey data. The data show that the percentage of these older workers working full time, full year increased steadily from 1993-2007, before...

This paper examines recent U.S. Census Bureau data on labor-force participation among Americans age 55 and older, which includes both the near elderly (ages 55-64) and the elderly (64 and above). The first section uses annualized data on labor-force participation from the Current Population...

This paper updates previous Employee Benefit Research Institute (EBRI) publications that have examined employee tenure data of American workers. The latest data on employee tenure from the January 2008 Supplement to the U.S. Census Bureau’s Current Population Survey (CPS) are examined and...