Government-Sponsored Retirement Plans for Private-Sector Workers Fall Short

State and local governments are stepping in to help ordinary Americans save for their retirement as corporations continue to abandon their responsibility to help and the Trump administration takes steps to undermine the ability of workers to save.

The new retirement plans for private-sector workers don’t come close to matching the richness of traditional retirement plans once common in companies willing–or forced by unions–to invest enough to ensure their workers have a dignified retirement.