“The Effect of the Current Population Survey Redesign on Retirement-Plan Participation Estimates,” and “Worker Opinions About Employee Benefits: Differences Among Millennials, Baby Boomers, and Generation X Have Implications for Plan Sponsors”
CPS: Estimates from the new and redesigned Current Population Survey (CPS) by the U.S. Census Bureau show a drop in the percentage of Americans who participate in a workplace retirement plan. However, the results raise doubts about the use of CPS data to assess current and future retirement plan coverage policies, according to a new analysis by EBRI. Press release.
Generational Views of Benefits: Compared to their older cohorts, Millennial workers are less interested and knowledgeable about their work place benefits, and prefer life insurance over health insurance, according to a new analysis by EBRI. Press release.