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Center for State & Local Government Excellence and TIAA-CREF
July 26, 2012
"Only 16 percent of teachers and 25 percent of police and firefighters are very confident they are saving the right amount for retirement. A full 57 percent of public sector workers expect to work longer than they would like 72 percent expect to work for pay after retiring. Only 22 percent are very confident that they will have enough money to take care of medical expenses during retirement. Two-thirds are not confident that Medicare will continue to provide benefits of equal value to those provided today."
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