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Summary:
According to the Census Bureau's Current Population Survey (CPS), the number of workers in the private sector whose employer sponsored a retirement plan was essentially unchanged from 2002 to 2003. Among workers in the private sector between the ages of 25 and 64, the number whose employer sponsored a retirement plan was 53.3 million in 2003, compared to 53.2 million in 2002. The number of workers who participated in an employer-sponsored retirement plan increased from 43.2 million in 2002 to 43.5 million in 2003. The percentage of 25 to 64-year-old, employees in the private sector who participated in an employer-sponsored retirement plan rose from 46.3% in 2002 to 46.7% in 2003. A CRS analysis of the Current Population Survey indicates that, among workers 25 to 64 years old who were employed in the private sector and worked year-round, full-time:
