Are long-embattled American workers willing to sacrifice a bigger portion of their paychecks for long-term retirement security?

According to more data released from the 2011 Towers Watson Retirement Attitudes Survey, more than half of the 9,000-plus respondents said they would readily trade a slice of their pay for better retirement benefits or health care costs that don't explode on each annual renewal.

Across the board, employees continue to be concerned about their retirement prospects, as ongoing financial malaise, layoffs, wage freezes and benefit rollbacks have eaten into their ability to save for retirement.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.