Retirement benefits were available to 66 percent of private industry workers in the United States in March 2015. Access to benefits differed among some occupational groups. Among workers in management, professional, and related occupations in private industry, 80 percent had access to retirement benefits—compared with 39 percent in service occupations.
Medical care benefits were available to 69 percent of private industry workers in March 2015. Within private industry, 87 percent of workers in management, professional, and related occupations had access to medical care, compared with 41 percent in service occupations.
More, including charts, from the Bureau of Labor Statistics.
Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
Tuesday, July 28, 2015
Friday, October 31, 2014
Albany, NY Listed in Top 10 Places for Service Members Transitioning to Civilian Life
Veterans looking for a new place to call home may want to consider Albany. The city is ranked number nine in a list by USAA, Hiring Our Heroes and Syracuse University.
See more at TWC Albany.
Read the list at USAA and click on Military Retirement.
See more at TWC Albany.
Read the list at USAA and click on Military Retirement.
Tuesday, November 27, 2012
Social Security Retirement Estimator
The Retirement Estimator gives estimates based on your actual Social Security earnings record. Please keep in mind that these are just estimates. We can’t provide your actual benefit amount until you apply for benefits. And that amount may differ from the estimates provided because:
Your earnings may increase or decrease in the future.
After you start receiving benefits, they will be adjusted for cost-of-living increases.
Your estimated benefits are based on current law. The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 75 cents for each dollar of scheduled benefits.
Your benefit amount may be affected by military service, railroad employment or pensions earned through work on which you did not pay Social Security tax.
Who Can Use the Retirement Estimator
You can use the Retirement Estimator if:
You have enough Social Security credits at this time to qualify for benefits and
You are not:
Currently receiving benefits on your own Social Security record;
Waiting for a decision about your application for benefits or Medicare;
Age 62 or older and receiving benefits on another Social Security record; or
Eligible for a Pension Based on Work Not Covered By Social Security.
Your earnings may increase or decrease in the future.
After you start receiving benefits, they will be adjusted for cost-of-living increases.
Your estimated benefits are based on current law. The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 75 cents for each dollar of scheduled benefits.
Your benefit amount may be affected by military service, railroad employment or pensions earned through work on which you did not pay Social Security tax.
Who Can Use the Retirement Estimator
You can use the Retirement Estimator if:
You have enough Social Security credits at this time to qualify for benefits and
You are not:
Currently receiving benefits on your own Social Security record;
Waiting for a decision about your application for benefits or Medicare;
Age 62 or older and receiving benefits on another Social Security record; or
Eligible for a Pension Based on Work Not Covered By Social Security.
Thursday, June 28, 2012
Quarterly Survey of Public Pensions
From the Census Bureau:
This quarterly survey (formerly known as the Finances of Selected State and Local Government Employee Retirement Systems Survey) provides national summary statistics on the revenues, expenditures and composition of assets of the 100 largest state and local public employee retirement systems in the United States. These 100 systems comprise 89.4 percent of financial activity among such entities, based on the 2007 Census of Governments. This survey presents the most current statistics about investment decisions by state and local public employee retirement systems, which are among the largest types of institutional investors in the U.S. financial markets. These statistical tables are published three months after each calendar quarter and show national financial transactions and trends for the past five years.
This quarterly survey (formerly known as the Finances of Selected State and Local Government Employee Retirement Systems Survey) provides national summary statistics on the revenues, expenditures and composition of assets of the 100 largest state and local public employee retirement systems in the United States. These 100 systems comprise 89.4 percent of financial activity among such entities, based on the 2007 Census of Governments. This survey presents the most current statistics about investment decisions by state and local public employee retirement systems, which are among the largest types of institutional investors in the U.S. financial markets. These statistical tables are published three months after each calendar quarter and show national financial transactions and trends for the past five years.
Thursday, August 25, 2011
What Is the Average Retirement Age?
by Alicia H. Munnell
Since working longer is the key to a secure retirement for the vast majority of older Americans, it is useful to take a look at labor force trends for those under and over age 65 for the last century.
Since working longer is the key to a secure retirement for the vast majority of older Americans, it is useful to take a look at labor force trends for those under and over age 65 for the last century.
Friday, August 19, 2011
Baby Boomers Envision What's Next?
From AARP:
As boomers approach retirement they are less confident about financing their retirement through their own savings or pensions. They are more likely to expect to rely on Social Security. Their health is also declining. As a result they are less optimistic about their retirement, and now have lowered expectations. They anticipate working longer, at least on a part-time basis, for the additional income. This is especially true among working boomers with lower incomes. The recession and financial meltdown have played a role in this pessimism,
As boomers approach retirement they are less confident about financing their retirement through their own savings or pensions. They are more likely to expect to rely on Social Security. Their health is also declining. As a result they are less optimistic about their retirement, and now have lowered expectations. They anticipate working longer, at least on a part-time basis, for the additional income. This is especially true among working boomers with lower incomes. The recession and financial meltdown have played a role in this pessimism,
Wednesday, April 20, 2011
Poll: New Yorkers not saving, just hoping
The majority of New Yorkers who are not retired haven't invested heavily in their retirement savings over the past six months, fear Social Security will be gone by the time they retire and think saving enough money for retirement will be a problem, according to a Siena Research Institute Poll. However, they are not worried about maintaining their current standard of living when they stop working.
The poll, the first Special New York State Financial Planning Survey (PDF), released Monday asked 811 New Yorkers (511 not retired, 300 retired) about their current finances and tax filings, savings and retirement.
Read more HERE.
http://www.timesunion.com/local/article/Poll-New-Yorkers-not-saving-just-hoping-1341986.php
The poll, the first Special New York State Financial Planning Survey (PDF), released Monday asked 811 New Yorkers (511 not retired, 300 retired) about their current finances and tax filings, savings and retirement.
Read more HERE.
http://www.timesunion.com/local/article/Poll-New-Yorkers-not-saving-just-hoping-1341986.php
Sunday, April 3, 2011
Finances of Selected State and Local Government Employee Retirement
Finances of Selected State and Local Government Employee Retirement Systems is a quarterly survey that provides national summary data on the revenues, expenditures, and composition of assets of the largest state and local government employee retirement systems. This survey currently consists of a panel of 100 retirement systems, which comprise 89.4 percent of financial activity among such entities, based on the 2007 Census of Governments.
Friday, July 9, 2010
Recent Governments Division Data Releases
Quarterly Tax - 1st Quarter 2010. Tax revenue grows for the 2nd quarter in a row.
Public Education Finances - 2008. Sources of funding and expenditures.
State Tax Collection - 2009. Tax collections decline from 2008.
State and Local Government Employee Retirement - 2008. Public Employee Retirement System assets drop nearly $180 Billion in 2008.
Quarterly Retirement - 4th Quarter 2009. Public Employee Retirement Systems show first year over year increase in two years.
Public Education Finances - 2008. Sources of funding and expenditures.
State Tax Collection - 2009. Tax collections decline from 2008.
State and Local Government Employee Retirement - 2008. Public Employee Retirement System assets drop nearly $180 Billion in 2008.
Quarterly Retirement - 4th Quarter 2009. Public Employee Retirement Systems show first year over year increase in two years.
Thursday, June 17, 2010
Pensions of State and Local Retirees Posted Online
A searchable database of pension allowances for 342,543 retired New York state and local government employees was posted this week on SeeThroughNY.net, the Empire Center's government transparency web site.
The database includes the names, retirement dates and, in most cases, the most recent employer for all individuals collecting pension benefits as of April 13 from the New York State and Local Retirement System (NYSLRS), which includes the Police and Fire Retirement System (PFRS) and Employee Retirement System (ERS). Among employees who retired in 2009, the average annual pension allowance was $62,208 for PFRS members and $25,947 for ERS members, according to data from NYSLRS.
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
The database includes the names, retirement dates and, in most cases, the most recent employer for all individuals collecting pension benefits as of April 13 from the New York State and Local Retirement System (NYSLRS), which includes the Police and Fire Retirement System (PFRS) and Employee Retirement System (ERS). Among employees who retired in 2009, the average annual pension allowance was $62,208 for PFRS members and $25,947 for ERS members, according to data from NYSLRS.
The full text of this press release is available here.
Contact: Lise Bang-Jensen
518.434.3100
Wednesday, June 18, 2008
Why Boomers Are Forgoing Retirement
BNET.
The demographics are in our favor because a worker shortage is forecast over the next few decades...companies are now figuring out how to entice their older workers to stay rather than ushering them out the door with a gold watch and pat on the fanny.
The demographics are in our favor because a worker shortage is forecast over the next few decades...companies are now figuring out how to entice their older workers to stay rather than ushering them out the door with a gold watch and pat on the fanny.
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