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ERISA's 40th Birthday -- Private Plan Performance
Dallas Salisbury, Employee Benefit Research Institute [EBRI] Link to more items from this source
Sept. 2, 2014
"Many describe the 70's and earlier as the 'good old days' for retirement: 25% of those over 65 in 1975 reported pension income ... There are about 700,000 plans today as compared to 300,000 when ERISA was enacted.... The proportion of workers who are active retirement plan participants has increased from under 40 million to over 85 million, and that it is about the same proportion of the workforce as it was in 1975. The proportion of participants gaining vested benefits has more than doubled, as vesting periods have grown shorter, with 46% of workers participating and 43% of workers having vested rights."

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