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Project

Retirement Security Project

Status:
Archived

Retirement Security Project

Project Contact

Samantha Lasky Officer, Communications Tel: 202-540-6390
Email:

Most Americans are not saving enough for retirement. The Retirement Security Project found that more than half of all U.S. households had zero savings in an employer-based 401(k)-type plan or tax-preferred savings plan account—and the  median savings for those who did hold such accounts was only $34,000.

From 2004 to 2010, Pew worked in partnership with Georgetown University’s Public Policy Institute and the Brookings Institution on the Retirement Security Project, dedicated to promoting common-sense solutions that will improve the retirement income prospects of millions of American workers. The project promoted best practices for retirement savings, such as having employees "opt out" of 401(k) plans rather than "opting in." In addition, the project published policy and legislative analyses, original research, and working and discussion papers. Project staff have presented testimony to Congress.

The Retirement Security Project also hosted public forums on retirement security and conducted outreach and communication on the topic. These efforts promoted better retirement savings practices and policies as well as keeping the public informed about important new developments.

Pew Applauds Introduction of Automatic IRA Legislation, Urges Bipartisan Support

Pew Applauds Introduction of Automatic IRA Legislation, Urges Bipartisan Support Press Release

Eleni Constantine, director of the Pew Health Group’s financial security portfolio, issued this statement in support of legislation creating an “automatic IRA."

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Protecting Low-Income Families' Savings

Protecting Low-Income Families' Savings Report

The eligibility rules for certain means-tested programs like Food Stamps and Medicaid often discourage saving for retirement by people who may need these programs.

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