This paper presents findings from the 2008 Recent Retirees Survey, sponsored by the Employee Benefit Research Institute (EBRI) to better understand the tools and practices that might encourage workers to postpone their retirement and remain longer with their company. It finds that retirees...

The Pension Protection Act (PPA) of 2006 allows employers to automatically enroll workers in the company's 401(k) plan and to automatically increase a worker's 401(k) contribution to coincide with a raise or a work anniversary -- though the employee can decline both enrollment and the increase....

The present Social Security program has been shown to be financially unsustainable in the future without modification to the current program. The purpose of this paper, the Employee Benefit Research Institute's fourth in a series on Social Security reform, is threefold: to illustrate new...

This paper shows cost, benefit, national saving, and growth projections under five options for reforming the Old-Age and Survivors Insurance (OASI) program. Of these, two are partially privatized (quot;two-tieredquot;) options with individual account contributions equal to 5 percent of taxable...

This paper provides a framework for evaluating and comparing Social Security policies by delineating 11 broad areas of consideration and highlighting some of the relevant questions within these areas. This framework is not a comprehensive list of all considerations but is intended to provide a...

In January 2002, CEBS graduates were surveyed in an attempt to provide a context to the current debate on company stock in retirement plans. The survey found CEBS graduates fairly united in certain responses, providing insights about the role of company stock in retirement plans. CEBS graduates...

This paper presents findings from the 2007 Minority Retirement Confidence Survey (MRCS), a survey that gauges the views and attitudes of working-age African-Americans and Hispanics, their preparations for retirement, their confidence with regard to various aspects of retirement, and related...

This paper presents key findings from the 17th annual Retirement Confidence Survey (RCS), a survey that gauges the views and attitudes of working-age and retired Americans regarding retirement, their preparations for retirement, their confidence with regard to various aspects of retirement, and...

A key weakness of many retirement income models is that they use average estimates for life expectancy, and, consequently, provide workers with only a 50 percent chance of having adequate income in retirement. The Employee Benefit Research Institute (EBRI) has developed a new model - the...

This paper reports findings from the 16th annual Retirement Confidence Survey (RCS), which suggest that many American workers are not ready to undertake the task of financial planning for their retirement and face the prospect of having to work far longer than they expect. The RCS finds that...