Americans' views on retirement are shifting. Many employees are increasingly worried about retirement and they see a return to pension as a way to restore the American Dream of retirement, according to the National Institute on Retirement Security's (NIRS') new survey, What Do Americans Think About Pensions for Public Employees?
NIRS finds strong support among Americans for retirement benefits provided to state and local government employees: 86% of Americans say all workers, not just those employed by state and local governments, should have a pension. This support holds strong across political party lines, with Democrats in agreement at 89%, Independents at 86%, and Republicans at 83%.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
