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An Update on Private Pensions -- August 2006 (PDF)
Center for Retirement Research [CRR] at Boston College
Aug. 9, 2006
12 pages. Excerpt: The key finding is that total pension coverage has remained stagnant while the nature of coverage has continued to shift to 401(k) plans. These developments, coupled with declining levels of earnings replacement under Social Security, mean that future retirees will have to work longer if they want to maintain their pre-retirement standard of liv¬ing in retirement.
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