21st Annual Transamerica Retirement Survey of Workers
A Compendium of Findings About the Retirement Outlook of U.S. Workers
By Catherine Collinson, Patti Rowey, Heidi Cho
Transamerica Center for Retirement Studies
A Compendium of Findings About the Retirement Outlook of U.S. Workers (“Compendium”), a collaboration between nonprofit Transamerica Institute® and its Transamerica Center for Retirement Studies® (TCRS), explores the health, employment, and finances of workers amid the COVID-19 pandemic. It offers 35 key indicators of retirement readiness by employment status, work arrangements, urbanicity, household income, race/ethnicity, LGBTQ+, and caregiver status.
As part of the 21st Annual Transamerica Retirement Survey of Workers, the Compendium is based on a survey of employed workers conducted in late 2020. It is a follow-up report to Living in the COVID-19 Pandemic: The Health, Finances, and Retirement Prospects of Four Generations and Life in the COVID-19 Pandemic: Women’s Health, Finances, and Retirement Outlook.
The Compendium explores retirement readiness by employment status and offers comparisons of full-time and part-time workers. In general, full-time workers are more confident and engaged in saving and preparing for retirement than part-time workers. A structural contributing factor is full-time workers are more likely to be offered retirement benefits from their employers. Amid the pandemic, part-time workers are more likely to have experienced negative impacts to their employment which can be disruptive to their ability to save for retirement.
The information above appears on the Transamerica Center for Retirement Studies report. Click here to read the full report.
Recent Posts
-
House Lawmakers Push Bipartisan IRA Fix To Boost LTC Pharmacy Pay
A bipartisan group of House lawmakers introduced legislation aimed at ensuring long-term care (LTC) pharmacies are paid an adequate supply fee to maintain patient access to prescription drugs for which prices are lowered through the Medicare drug price negotiation program, with the new maximum fair prices (MFPs) for the first group of selected drugs to take effect at the start of 2026.
-
Bill would fix drug-negotiation pricing flaw that undercuts LTC pharmacists’ viability
Lawmakers have proposed a supply fee to bolster long-term care pharmacies facing major revenue losses with the implementation of negotiated prices on 10 commonly prescribed medications Jan. 1.
The Preserving Patient Access to Long-Term Pharmacies Act establishes a $30 per Medicare Part D prescription in 2026 and 2027.
-
Rep. Van Duyne Introduces Bipartisan Legislation to Protect Seniors’ Access to Long-Term Care Pharmacies
Washington, D.C. – Representatives Beth Van Duyne (R-TX), Brad Schneider (D-IL), Buddy Carter (R-GA), Sharice Davids (D-KS), and Deborah Ross (D-NC) introduced H.R. 5031 Preserving Patient Access to Long-Term Care Pharmacies Act, bipartisan legislation to protect access to essential medications and pharmacy services for seniors and other long-term care (LTC) residents in nursing homes, assisted living, and similar […]
Stay in the Know
Get the latest news and updates on issues impacting the long-term pharmacy community.