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Fact-of-the-Week: 19 December 2011

fact of the week

Many Older Workers Lack Access to Retirement Plans

"44 percent of full-time workers in their 50s have neither a defined benefit (DB), nor defined contribution (DC) pension from their current employer," according to a 2011 report from the US General Accountability Office.

GAO. (2011). Income security: Older adults and the 2007-2009 recession. Washington, DC: U. S. Government Accountability Office. Retrieved from

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