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Retirement plans growing in post-recession rebound

by on
in Employee Benefits Program,Human Resources

Since the Great Recession ended, a higher percentage of employees work for employers that offer retirement plans and a higher percentage of them are participating in the plans, according to a report by the nonpartisan Employee Benefit Research Institute.

In 2012, 61% of all workers age 16 or older worked for an employer or union that sponsored a pension or retirement plan for any of its employees—up from 59% in 2009.

In addition, workers participating in a retirement plan increased to 46% in 2012, up slightly from 2009 (45%) but below the level measured in 2003 (48%).

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