Only 7% of Retirees Have Ideal Situation of Income from Three Sources: Social Security, a Pension and Savings  Social Security Kept More Than 7.5 Million Households Out of Poverty, Reduced Public Assistance Costs by $10 billion in 2013  Pensions Kept Nearly One Million Retirees Out of Poverty, Reduced Public Assistance Costs by $4 Billion in […]

Measure is Step Forward in Addressing U.S. Retirement Savings Crisis Despite Political Acrimony, Americans United in Concern About Retirement WASHINGTON, D.C., December 19, 2019 – At a time when working Americans are struggling to save for retirement, the National Institute on Retirement Security (NIRS) commends the U.S. Senate and House of Representatives for bi-partisan passage […]

Amid Worker Shortages, New Research Examines State & Local Employee Views on Their Jobs, Pay and Benefits  Public Employees Committed to Public Service Despite High Stress and Lower Salaries; Say Benefits are a Key Recruitment and Retention Tool and Cuts Could Drive Them Out of Public Workforce 85 Percent of State & Local Millennial Employees […]

New Research Finds Growing Financial Asset Inequality  Persistent Concentration of Financial Assets Among the Wealthiest Coupled with Low Savings Poses Retirement Threat to Working Americans  Among Baby Boomers, Top 25 Percent Own 91 Percent of Financial Assets; Similar Inequality Among GenX and Millennial Generations  Webinar on Tuesday, October 1st at 2 PM ET to Review […]

Alaska, Kentucky, Michigan & West Virginia Experiences Offer Cautionary Examples to Policymakers on Retirement Plan Design Changes Webinar on August 13th at 2 PM ET WASHINGTON, D.C., August 7, 2019 – A new series of case studies finds that states that shifted new employees from defined benefit pensions to defined contribution or cash balance plans […]

DESPITE POLITICAL POLARIZATION, DEMOCRATS, REPUBLICANS AND INDEPENDENTS UNITED IN CONCERN ABOUT U.S. RETIREMENT CRISIS  Majority of Americans Say They Can’t Achieve Financial Security in Retirement and New Tax Law Isn’t Helping; Millennials Most Pessimistic But Most Willing to Save More  Findings Released During Live Webcast of 10th Annual Retirement Conference WASHINGTON, D.C., February 26, 2019 […]

NATIONAL INSTITUTE ON RETIREMENT SECURITY HOSTS 10th ANNUAL RETIREMENT POLICY CONFERENCE Event Features Leading Retirement Expert Speakers and Release of New Research on Americans’ Views of the U.S. Retirement Crisis February 22, 2019, Washington, D.C. – The National Institute on Retirement Security will hold its 10th Annual Retirement Policy Conference, Retirement Security in America | […]

NATIONAL INSTITUTE ON RETIREMENT SECURITY NAMES EXECUTIVE DIRECTOR Retirement Expert Dan Doonan to Lead Research and Education Efforts WASHINGTON, D.C., February 14, 2019 – Dan Doonan has been selected to lead the National Institute on Retirement (NIRS), a non-profit, non-partisan retirement research organization located in Washington, D.C. Doonan will assume the role of executive director […]

National Institute on Retirement Security Testifies Before House Ways and Means Committee on the U.S. Retirement Savings Shortfall Bold Steps Needed to Rebuild Retirement Readiness WASHINGTON, D.C., February 6, 2019 – Diane Oakley, executive director of the National Institute on Retirement Security, will testify today before the U.S. House of Representatives Ways and Means Committee […]