The recent recession has amplified widespread public focus on retirement security.
Employees are concerned about their ability to meet retirement goals and employers are concerned about being able to meet pension obligations.
This analysis provides information on problems and potential solutions surrounding retirement security, including information on the following topics:
• The three pillars of U.S. retirement
• Growing reliance on Social Security
• Apprehension about retirement security
• Research on public plan changes
• Six pension plan characteristics that contribute to defined benefit plan security
Read the analysis.CalPERS Posted On : Wednesday, Mar 20, 2013 (9 weeks, 8 hours, 49 minutes)
Thank you for your comment kimsoon. At CalPERS, we serve those who serve California. It is our duty to protect the retirement of our members and our goal to improve the long-term sustainability of pensions for public employees. If you are a retiree, please consider joining CalPERS Ambassador program. CalPERS Ambassadors are unpaid volunteers who can stay informed about CalPERS business and share the truth in their communities. CalPERS produces a monthly electronic newsletter specifically for Ambassadors. Learn more about our program and sign up to receive newsletters: http://www.calpers.ca.gov/index.jsp?bc=/member/ambassador-program/home.xml
kimsoon Posted On : Thursday, Mar 14, 2013 (9 weeks, 6 days, 19 hours, 29 minutes)
Retirement nowadays in US is in hot seat. We think of the United States as a progressive leader among countries. However, typically thought of a first-world nation, is rapidly losing its standing if one considers the security and life-style of its average citizens after retiring from the work force. According to a brand new survey, the United States ranks low in terms of retirement security and even lower in healthcare. Source for this article: Retirement Security
CalPERS is working hard to ensure the retirement and health security of our members, provide help to our employers, and manage our investments to meet our long-term liabilities. We hope this information provides education, insight, and clarity.
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