By Margarida Correia
Source: Pensions & Investments
American workers favor government mandates requiring employers to offer retirement plans and make matching contributions, according to a new survey released Tuesday by Natixis Investment Managers.
More than 4 in 5 workers (81%) said that employers should be required to offer workplace retirement savings plans, with millennials voicing the greatest support for such a mandate (88%) followed by Generation X (79%) and baby boomers (70%).
More than 3 in 5 workers (78%) also said they support requiring employers to make matching contributions to their retirement plans. Support for mandatory matching contributions was greatest among millennials (87%) and softest among baby boomers (67%).