New Report Finds Nation’s Retirement Crisis Persists Despite Economic Recovery
…employee contributions for a time pushing total contributions below 2008 levels. Since then, the combined value of 401(k)-type accounts and IRAs reached $16.9 trillion by the end of 2017. Unfortunately,…
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Study Finds Changes to Rhode Island Public Employee Retirement Benefits Are Contributing to Employee Attrition
…years of service as compared to the previous four actuarial studies. Moreover, the most recent actuarial study projects only 31 of 100 new hires would remain employed in Rhode Island…
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87 Percent of Kentuckians Worried About K-12 Public School Staff Shortages
…the National Institute on Retirement Security (NIRS), Kentuckians’ Views of K-12 Public School Personnel, Compensation and Salary. Read the research here. “The good news is that in recent years, Kentucky…
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72 Percent of Floridians Worried About K-12 Public School Staff Shortages
…the National Institute on Retirement Security (NIRS), Floridians’ Views of K-12 Public School Personnel,Compensation and Salary. Read the research here. “The good news is that Florida lawmakers have taken steps…
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Middle Class U.S. Households Have Few Financial Assets
…Washington, D.C., NIRS membership includes financial services firms, employee benefit plans, trade associations, and other retirement service providers. More information is available at www.nirsonline.org. Follow NIRS on Twitter @NIRSonline. ##…
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Accumulation of Financial Assets Increasingly Unequal, Especially for Blacks and Hispanics
…only a sliver of financial assets. Even though the Gen X and Millennial generations are more diverse, whites continue to dominate when it comes to accumulating financial assets. This economic…
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NIRS Delivers Report on Impacts of Retirement Plan Design on Teacher Retention to Alaska Department of Education
…research comes as teacher shortages plague Alaska and communities across the country. The new report, Alaska Teacher Recruitment and Retention Study: Options and Analysis Supporting Retirement Plan Design, is based…
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New Issue Brief Analyzes Teacher Retirement Plan Choice In Two States
…the DB-DC combination plan. Between 2002-2014, 86% of new teachers opted to join the traditional DB plan and only four percent opted for the combined plan. The remaining 10% chose…
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Women 80% More Likely to be Impoverished in Retirement
…were three times more likely to fall below the poverty level as compared to their males counterparts. These findings are contained in a new report, Shortchanged in Retirement, The Continuing…
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