Illinois's 33%: Employment-Based Retirement Plans

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  • 7/30/2019 Illinois's 33%: Employment-Based Retirement Plans

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    Over half of all private sector workers in Illinois lack access to anemployment-based retirement plan, and lower-wage workers are the

    least likely to have access.

    Woodstock Institute. (2012). Coming up short: The scope of retirement insecurity among Illinoisworkers. Available at http://www.woodstockinst.org/blog/blog/retirement-insecurity-pervasive-in-illinois,-new-report-shows/. Higher wage = $40,000 and over per year; lower wage = under $15,000

    per year.

    59.6%49.2%

    Higher-wage workers Lower-wage workers

    Without access to employment-based retirement plan

    With access to employment-based retirement plan