Sentence examples for retirement coverage from inspiring English sources

A bill recently passed by the California Legislature creates the foundation for a savings plan to cover the state's 6.3 million private-sector employees who have no retirement coverage at work.

Fewer than half of the nation's private sector workers have 401(k) plans, and more than a third of households have no retirement coverage during their work lives, according to the Center for Retirement Research at Boston College.

The plan also could serve as a model for addressing a national problem: Americans for the most part are ill-prepared for retirement, either because they have risky 401(k) plans or inadequate savings or no retirement coverage at all.

The proposals are not cure-alls, but they could be important steps toward an ultimate aim of expanding retirement coverage and reducing reliance on 401 k)'s, which have proved far too vulnerable to investing mistakes and market downturns to be the core of a retirement plan.

In addition to strengthening and preserving Social Security, the nation needs new forms of retirement coverage, along the lines of the "Automatic Individual Retirement Accounts" that President Obama has proposed in recent budgets, which would require companies that did not offer retirement plans to automatically divert 3 percent of an employee's pay into an I.R.A., unless the employee opted out.

Even before the new contract, adjuncts teaching three or more courses in an academic year could receive benefits, including health and retirement coverage and tuition reimbursement.

Retirement account coverage was held steady at $250,000.

Meanwhile, despite extensive commercial advertising for retirement planning, coverage for ordinary people stalled.

The states would do better to encourage additional private-sector retirement plan coverage and employer awareness, not compete in or replace the competitive marketplace of retirement plan products and services already available to employers and workers.

As Lucent struggles to cut costs and meet its obligations, the next thing that they fear will be lost is retirement medical coverage, a valuable benefit that more than 100,000 retirees now receive from the company.

She was too young to qualify for early retirement or health coverage, but took a severance offer of roughly 18 months' pay.