Coming Up Short: The Scope of Retirement Insecurity Among Illinois Workers

Resource Overview

comingupshort_sept2012This report identifies the principal sources of retirement income, examines the extent and types of workers facing retirement insecurity, and explores the necessary components of a state-level public policy solution that could help to address the problem. Using employment data by industry and estimated retirement plan sponsorship rates, this report shows how many workers in Illinois, especially those in industries with traditionally low-wage workers, lack access to one of the mainstays of retirement income: a tax-deferred, employment-based retirement savings plan. The report concludes with a discussion of the essential components of a state policy that would expand access to tax-deferred, employment-based retirement savings plans.

More Related Resources

Webinar: Secure Choice, a New Retirement Savings Program in Illinois

Secure Choice, an automatic-enrollment program for private sector workers in Illinois, is launching...

Read more

Comments on Secure Choice Administrative Rules

Secure Choice, a new automatic retirement savings program in Illinois, is rolling out in 2018. As...

Read more

Spanish, Polish, and Arabic Secure Choice Fact Sheets for Workers

Secure Choice is a new program that helps Illinois workers save for retirement. It is launching in...

Read more