We need a retirement system that meets the needs of a 21st century workforce. American workers switch jobs more frequently than those in most high-income countries, and most are living longer than they did in decades before. Half of all American workers have nothing saved for retirement. Thus it is no surprise that running out of money in retirement is a major source of anxiety for Americans of all ages. The good news is that we have a proposal to ensure that all workers can easily save and, when they retire, receive a monthly paycheck for life. It’s called a Guaranteed Retirement Account. Read our FAQ document for answers to the most common questions about GRAs.
FAQs About Guaranteed Retirement AccountsMay 31, 2019
"Breathe Easy: How Guaranteed Retirement Accounts could change your life" explains some of the most frequently asked questions about GRAs.
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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.