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Webinar: Public Employee Attitudes Toward Retirement and Auto-Enrollment
May 7 @ 2:00 pm - 3:00 pmFree
A survey by SLGE and ICMA-RC finds nearly half of state and local employees approve of auto-enrollment in defined contribution plans, known as Supplemental Retirement Plans (SRPs), and 77 percent would choose to stay in a plan if auto-enrolled. Few states currently offer auto-enrollment in SRPs, a retirement plan feature that is widely available in the private sector.
The research also finds that among those who would stay in the plan, higher default deferral rates result in respondents settling on a higher contribution rate.
These and other findings were discussed in a webinar on Tuesday, May 7. Click here to view the webinar recording.
The full report is also available at: Nudging Deferral Rates within Public Sector Supplemental Retirement Plans.