Research

Are Philadelphians Ready for Retirement?

June 9, 2016
Are Philadelphians Ready for Retirement? Ingo Joseph

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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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.