Many people are struggling to make sure they don't run out of money in retirement, said JackVanDerhei, research director at EBRI, a nonprofit in Washington, D.
They found the most pessimistic levels of confidence among American workers that RCS has ever measured, in more than two decades of this survey, says JackVanDerhei, EBRI research director and co-author of the report.
In fact, the law's stiffer funding requirements for defined-benefit plans will likely push companies with underfunded plans to freeze them, says JackVanDerhei, a Temple University professor and fellow at the Employee Benefit Research Institute.