Insights Blog
Working Longer Cannot Solve the Retirement Crisis
Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.
Reset Retirement, a new podcast from our Retirement Equity Lab, tells the real stories of retirement.
Guaranteed Retirement Accounts (GRAs) are universal, affordable, and portable accounts that provide workers with a monthly paycheck in retirement that lasts the rest of their lives.
In a first-of-its-kind analysis, ReLab’s latest policy note reveals sharp inequalities in retirement wealth.
SCEPA's working paper on the costs of the city's Hudson Yards project was featured in the New York Times, New York 1, Gothamist, New York Magazine's Intelligencer, CityLab, the Guardian, and a New York Post editorial, among others. The article below was featured in Urban Matters, a publication of the Center for New York City Affairs.
New York City's Hudson Yards project includes heavily discounted property taxes for Hudson Yards developers.
The rates of elder poverty among widows and single women are higher than among couples and men.
ReLab's new report, "Disparities & Erosion in New York’s Workplace Retirement Coverage," documents two trends in retirement plan coverage: 1) retirement plan coverage is declining for all New Yorkers, and 2) disparities in coverage continue to exist based on race, education and income.
American workers’ access to retirement savings coverage is getting worse. New data show that employer-provided retirement coverage for all workers dropped 4 percentage points between 2014 and 2017 to 40%. Coverage for those nearing retirement - workers ages 55 to 64 - fell 7 percentage points to 44%.