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Episode 27: Why Is It Important to Close the Retirement Savings Access Gap, What Are Policymakers Doing, and How Are Employers and Employees Responding?
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John Scott, Project Director, Retirement Savings Project, The Pew Charitable Trusts shares the findings of recent research related to the implementation of state auto-IRA retirement savings programs in Oregon and Illinois. He explains the role these programs play in closing the retirement savings access gap, the budget and economic consequences of doing nothing to address the problem of insufficient retirement savings, how the private sector has responded, and the future trends as more of these programs launch in the next few years.
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