Retirement Savings

Retirement specialists testified on the state of workers' retirement funds. According to a Senate Health, Education, Labor and… read more

Retirement specialists testified on the state of workers' retirement funds. According to a Senate Health, Education, Labor and Pensions Committee study, the difference between what Americans had saved for retirement and what they should have was $6.6 trillion, and half the population had under $10,000 in savings. Committee Chair Harkin spoke about his proposal for a privately retirement plan that would make it easier for employers to offer retirement plans without additional risk. Witnesses recommended automatic enrollments in work-based plans and increased contributions, especially as people age. Other topics included simplifying the system and financial literacy education. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Retirement Savings

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Program ID:
310711-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jan 31, 2013
Last Aired:
Feb 6, 2013

Airing Details

  • Jan 31, 2013 | 10:01am EST | C-SPAN 3
  • Jan 31, 2013 | 10:03am EST | C-SPAN 3
  • Jan 31, 2013 | 10:21pm EST | C-SPAN 2
  • Feb 01, 2013 | 2:08am EST | C-SPAN 2
  • Feb 01, 2013 | 4:39pm EST | C-SPAN 2
  • Feb 06, 2013 | 1:12pm EST | C-SPAN 3
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