Are Philadelphians Ready for Retirement?

RELAB WORKING PAPER

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Workers across the country face a retirement crisis. However, workers in Philadelphia are faring worse than average.


First, workers in Philadelphia are less likely than workers nationally to have access to an employer sponsored retirement account. Second, the retirement plan participation rate among workers with access to a plan at work is lower than the national average. The report was prepared on behalf of the City Council of Philadelphia.

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Unlike Prior Recoveries, Older Workers Face Wage Stagnation After the Great Recession

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Without the Choice to Retire, Unemployment Exacts High Psychological Costs on Older Workers