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Retirement Security : Challenges And Prospects For Employees Of Small Businesses: Testimony Before The Committee On Health, Education, Labor, And Pensions, U.S. Senate

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Product Code: 9781974257928
ISBN13: 9781974257928
Condition: New
$17.31
About 42 million workers, or about one-third of all private-sector employees, work for employers with fewer than 100 employees, and recent federal data suggest many of these workers lack access to work-based retirement benefits. Despite efforts by the federal government to develop new plan designs and to increase tax incentives, plan sponsorship remains low among small employers. MEPs, a type of arrangement involving more than one employer, have been suggested as a potential way to increase coverage. This testimony describes (1) the challenges small employers face in helping ensure that their workers secure retirement income, and (2) types of MEPs and their potential to address these challenges. GAO drew from its previous reports related to small employer challenges in establishing and maintaining a retirement plan and recent work on MEPs issued from March 2012 through September 2012.





Author: Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Publication Date: Aug 08, 2017
Number of Pages: 28 pages
Language: English
Binding: Paperback
ISBN-10: 1974257924
ISBN-13: 9781974257928

Retirement Security : Challenges And Prospects For Employees Of Small Businesses: Testimony Before The Committee On Health, Education, Labor, And Pensions, U.S. Senate

$17.31
 
About 42 million workers, or about one-third of all private-sector employees, work for employers with fewer than 100 employees, and recent federal data suggest many of these workers lack access to work-based retirement benefits. Despite efforts by the federal government to develop new plan designs and to increase tax incentives, plan sponsorship remains low among small employers. MEPs, a type of arrangement involving more than one employer, have been suggested as a potential way to increase coverage. This testimony describes (1) the challenges small employers face in helping ensure that their workers secure retirement income, and (2) types of MEPs and their potential to address these challenges. GAO drew from its previous reports related to small employer challenges in establishing and maintaining a retirement plan and recent work on MEPs issued from March 2012 through September 2012.





Author: Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Publication Date: Aug 08, 2017
Number of Pages: 28 pages
Language: English
Binding: Paperback
ISBN-10: 1974257924
ISBN-13: 9781974257928
 

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