Illinois's 33%: Employment-Based Retirement Plans
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Transcript of 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