Towers Watson: Workers Will Trade Pay for Security

More than half of all U.S. workers—55 percent—would be willing to pay a higher amount from each paycheck to ensure they have a guaranteed retirement, according to a survey of some 9,200 workers by Towers Watson.

Joe Kornik | March 09, 2012

More than half of all U.S. workers—55 percent—would be willing to pay a higher amount from each paycheck to ensure they have a guaranteed retirement, according to a survey of some 9,200 workers by Towers Watson.

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That finding compares with 46 percent two years ago. Additionally, 50 percent of respondents say they would trade a portion of their pay to ensure they have access to health care benefits if they retire before they are eligible for Medicare benefits, versus about 40 percent in 2009.

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And, more than half—53 percent—said they would be willing to trade a portion of their pay in return for more generous benefits.

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