Retirement Security
From Wikipension
The Pension Factor 2012, National Institute on Retirement Security, July 2012
- This report highlights the role that defined benefit pensions play in creating a secure retirement scenario, particular for elderly Americans.
The Retirement Crisis and a Plan to Solve It, U.S. Senate Committee on Health, Education, Labor & Pensions, July 2012
- Report from the Chairman of the Senate H.E.L.P. Committee on the issue of American retirement security.
Trends and Issues: Retirement Confidence Among State and Local Government Employees TIAA-CREF Institute, August 2011
- This report examines retirement planning and saving among the state and local government work force (employees of states, counties, cities, towns and other municipalities) and worker confidence in their retirement income prospects. A representative sample of state and local government employees was surveyed in 2011.
Social Security: Mandatory Coverage of New State and Local Government Employees, Congressional Research Service, July 2011
- Social Security covers about 94% of all workers in the United States. Most of the remaining 6% of non-covered workers are public employees. About one-fourth of state and local government employees are not covered by Social Security for various historical and other reasons. The 1935 Social Security Act did not extend coverage to state and local government workers. Since the 1950s, Congress has passed laws to allow state and local government employees who have public pensions to elect Social Security coverage through employee referendums. In 1990, Congress made Social Security coverage mandatory, starting in July 1991, for most state and local government employees who are not covered by an alternative public pension plan.
