Insights Blog

 

ReLab's new report, "The Impact of Guaranteed Retirement Accounts on the Retirement Crisis," finds that if the GRA were implemented in 2018, 8.1 million seniors would be saved from old-age poverty or near poverty by the year 2045.

This report documents the growth in older workers’ unstable and low-wage jobs from 2005 to 2015.

This report demonstrates how low and decreasing retirement plan coverage rates and the shift from traditional defined benefit pension plans to 401(k)-type plans are threatening New Yorkers’ financial readiness for retirement. 

Wage suppression - not monopoly power - is fueling corporate profits and the growing gap between rich and poor.

Older workers have not been able to save adequately for retirement.

Economist Willi Semmler, director of SCEPA’s Economics of Climate Change project, gave a presentation in Sorbonne, Paris, as part of the Financial Regulation Lab (LabEx ReFi).  

About SCEPA

SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.