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Pension Sponsorship and Participation: Summary of Recent Trends

The most recent update of the Congressional Research Service‘s annual report on pension plan sponsorship and participation is now available through DigitalCommons@ILR.

Purcell, P. (2008). Pension sponsorship and participation: Summary of recent trends (RL30122). Washington, DC: Congressional Research Service.

“According to the Census Bureau’s Current Population Survey (CPS), the number of private-sector workers between the ages of 25 and 64 whose employer sponsored a retirement plan rose from 51.2 million in 2006 to 53.5 million in 2007. The number of private-sector workers who participated in employer-sponsored retirement plans rose from 42.0 million in 2006 to 44.1 million in 2007. The proportion of 25 to 64 year-old workers in the private sector who participated in employer-sponsored retirement plans increased from 43.2% in 2006 to 45.1% in 2007. Between 2000 and 2007, the number of private-sector workers between the ages of 25 and 64 who participated in employer-sponsored retirement plans fell from 46 million to 44 million. The percentage of workers who participated in an employer-sponsored plan fell from 50.3% in 2000 to 45.1% in 2007.”

More reports like this one can be found in the Federal Publications series at DigitalCommons@ILR.

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