The survey asked these workers a broad assortment of questions to gauge their understanding and appreciation of their employer-sponsored retirement plans.
There are also public and private funds, single and multi-employer-sponsored funds, craft, union, and industrysponsored funds.
In addition, a number of factors unrelated to the design of employer-sponsored pension plans contribute to the reluctance of older adults to remain in the labor force.
An individual will be able to contribute, within existing limits, to both an employer-sponsored money purchase scheme and a stakeholder pension arrangement, if he or she so wishes.
The first employer-sponsored group disability policy was issued in 1911.
However, recent trends have shown an ongoing decline in employer-sponsored health insurance benefits.
Premiums in the individual market rose less rapidly over the period 2002 through 2005 than did out-of-pocket premiums in the employer-sponsored market (17.8% versus 34.4%).
The take-up rate, or percentage of eligible workers participating in employer-sponsored plans, has fallen somewhat, but not sharply.