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Four in 10 employers think PPACA has impacted their firm’s retirement savings plans

Fifty-five percent of those who think the PPACA has changed their retirement benefits plans said they are spending less on retirement benefits and shifting costs to workers.

By Paula Aven Gladych | Updated on April 11, 2014

More than four in ten employers, 43 percent, say the Patient Protection and Affordable Care Act has affected their retirement benefits strategy and spending, while 45 percent believe the healthcare reform law will change their retirement strategy and spending in the future, according to a LIMRA Secure Retirement Institute study released Thursday.

Fifty-five percent of those who think the PPACA has changed their retirement benefits plans said they are spending less on retirement benefits and shifting costs to workers, while 42 percent said they are spending less time evaluating their retirement plans.

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