National Institute on Retirement Security

The Average American Has $995 Saved for Retirement

By Alice Higham Source: Newsweek The typical American worker is entering later life with far less put away than many experts say is needed for a secure retirement, according to a new analysis that shows gaps in savings, access to employer plans and long-term financial stability. Retirement Expectations and Reality According to a new National Institute on Retirement Security (NIRS) study, among workers who had any defined contribution retirement savings at all, the median balance stood at $40,000 in [...]

CORPaTH2026-03-04T16:34:05-08:00February 12th, 2026|Categories: Retirement|Tags: National Institute on Retirement Security, Retirement savings|

Workers Long for The Day Pensions Make A Comeback — 83% Say Everyone Deserves A Pension, Not Just Public Employees

By Ivy Grace Source: MSN Pensions are making headlines again, but not because they're making a comeback—at least not yet. Turns out, most Americans are pretty nostalgic for those steady retirement payouts that used to be standard. A 2024 survey by the National Institute on Retirement Security (NIRS) revealed that 83% of Americans think pensions shouldn't just be a public employee perk. Everyone should have access to them. And that's not just a talking point for one political party; [...]

CORPaTH2025-02-04T09:12:36-08:00February 3rd, 2025|Categories: Retirement|Tags: National Institute on Retirement Security|

Pension Income Contributed $1.5T to US Economic Output in 2022

By Matt Toledo Source: Chief Investment Officer More than $680 billion in pension benefits were paid to 26.3 million beneficiaries in 2022, according to new researchfrom the National Institute on Retirement Security’s “Pensionomics 2025” report, which quantified the economic impact of defined benefit pension expenditures. “Virtually every state and local economy across the country benefits from the spending of pension checks,” wrote the report’s authors, NRIS Executive Director Dan Doonan and Ilana Boivie, an assistant director of strategic resources [...]

CORPaTH2025-01-08T15:38:34-08:00January 8th, 2025|Categories: Economy|Tags: Dan Doonan, National Institute on Retirement Security, Pensionomics 2025|

New Research Finds Americans Supportive of Pension Benefits for Public Employees

Source: Augusta CEO A new research infographic from the National Institute on Retirement Security finds strong support among Americans for retirement benefits provided to state and local government employees. Eighty-six percent of Americans say all workers, not just those employed by state and local governments, should have a pension. This support holds strong across political party affiliation, with Democrats in agreement at 89 percent, Independents at 86 percent, and Republicans at 83 percent. Americans also view pensions as an [...]

CORPaTH2024-11-04T12:32:45-08:00October 30th, 2024|Categories: Retirement|Tags: National Institute on Retirement Security, public employees|

Across Party Lines, Americans Are United in Their Support for Social Security and Pensions

Source: Associated Press Despite deep polarization across the U.S., a new research brief from the National Institute on Retirement Security (NIRS) finds common ground when it comes to Americans’ support for Social Security and defined benefit pension plans. At the same time, Americans across party lines are worried about retirement. Most Americans agree that the nation faces a retirement crisis, with Republicans reporting this sentiment at a slightly higher level (81 percent) than Independents (79 percent) and Democrats (78 [...]

CORPaTH2024-10-15T12:11:50-07:00October 15th, 2024|Categories: Retirement|Tags: defined benefit pension plans, National Institute on Retirement Security, Social Security|

High Retirement Anxiety Continues Among Americans: Survey

By Ted Godbout Source: National Association of Plan Advisors Just as Congress gets ready to debate whether there is a “retirement crisis,” new survey results from an organization supportive of restoring defined benefit plans finds that Americans are increasingly worried about retirement. According to the survey results from the National Institute on Retirement Security (NIRS), when asked whether the nation faces a retirement crisis, roughly 8 in 10 respondents (79%) agreed that there is a crisis, up from 67% [...]

CORPaTH2024-02-28T09:32:01-08:00February 27th, 2024|Categories: Retirement|Tags: National Institute on Retirement Security, retirement anxiety, retirement crisis|