Retirement Heist: Overlooked Causes of the Retirement Crisis

Retirement Heist: Overlooked Causes of the Retirement Crisis


Event description: The decline in employer-sponsored pension and retiree health plans is a troubling trend that has eroded the retirement security of millions of Americans. Stock market losses and low interest rates have weakened pension funding, and employers say that this — combined with retiree longevity, rising costs and the need to compete globally –  is forcing them to freeze pensions and cut retiree benefits.

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