Pensions in the United States
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Pension system
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:fundedBy |
gptkb:government
Employees Employers |
| gptkbp:historicalPeriod |
gptkb:Social_Security_Act_of_1935
|
| https://www.w3.org/2000/01/rdf-schema#label |
Pensions in the United States
|
| gptkbp:includes |
gptkb:401(k)_plan
gptkb:Roth_IRA gptkb:Traditional_IRA gptkb:403(b)_plan Social Security Defined benefit plan 457 plan Defined contribution plan |
| gptkbp:numberOfIssues |
Portability
Longevity risk Coverage gaps Pension reform Underfunding |
| gptkbp:purpose |
Retirement income
|
| gptkbp:regulates |
gptkb:Department_of_Labor
gptkb:Internal_Revenue_Service gptkb:Employee_Retirement_Income_Security_Act gptkb:Pension_Benefit_Guaranty_Corporation |
| gptkbp:relatedTo |
gptkb:Railroad_Retirement_Board
gptkb:Thrift_Savings_Plan Multiemployer pension plans Federal pension plans Military pensions Private pensions Public Employee Retirement System Public pensions State pension plans |
| gptkbp:statistic |
IRA assets are a significant part of retirement savings
Pension Benefit Guaranty Corporation insures private defined benefit plans Many Americans lack sufficient retirement savings Pension assets are among the largest in the world Pension reform is a recurring policy issue Social Security covers over 90% of workers Private sector more likely to offer defined contribution plans 401(k) plans are the most common employer-sponsored retirement plan Public sector more likely to offer defined benefit plans Pension coverage varies by sector and employer size Majority of private sector workers have defined contribution plans Pension plan participation rates have declined in recent decades |
| gptkbp:trend |
Shift from defined benefit to defined contribution plans
|
| gptkbp:bfsParent |
gptkb:Employee_Retirement_Income_Security_Act
|
| gptkbp:bfsLayer |
6
|