Sentences with phrase «private sector workers currently»

Only 33 percent of all private sector workers currently have a defined benefit plan that provides retirement benefits beyond Social Security (Munnell, Haverstick, and Soto 2007).

The biggest hurdle here, however, is the remaining 2.6 million private sector workers currently making a $ 9 minimum wage.

Not exact matches

The Connecticut Retirement Security Program (currently in planning stages) will aim to offer retirement plans to private sector workers without a retirement option through their employer.

But just one in eight private sector workers (mainly union members and senior managers) currently contribute to a traditional defined benefit plan, and almost no new plans are being established.

Currently, more than half of private sector workers in New York State have no access to a retirement savings plan at work.

Currently only about a quarter of private sector workers have a pension, versus more than three - quarters of government workers.

In fact, thousands of firms have eliminated pensions altogether, and only about 13 % of private sector workers are currently covered by active pension plans.