Retirement Security

Social Security is only one strong leg to stand on

Social Security has reliably delivered benefits to millions of people for over 50 years, and can continue to do so for generations to come. It is one strong leg of the retirement 'stool' upon which Americans rely.

The other 'legs': workplace-based retirement plans and personal savings. Today, almost 50% of all working Americans are not covered by a retirement plan at work. This is especially true for employees of small- and medium- sized businesses, because there are few low-cost, well-managed, scalable and portable retirement plans are available on the market.

To bridge that gap, EOI is working with agencies and organizations here in Washington and across the country to create safe, portable retirement options for today's workers, called Universal Voluntary Retirement Accounts.

Featured Publications

Retirement Security Newsletter

02.02.2010 | The first edition of the Retirement Security Update highlights new legislation in WVAs, news updates from around the country on UVRAs, and steps we should take to shore up Social Security for future generations.

Full Newsletter »

Washington Voluntary Retirement Accounts: Universal Access to Retirement Security

01.25.2010 | Washington Voluntary Accounts (WVAs) would offer safe, secure and portable retirement options to thousands of Washington workers without an employer-sponsored retirement plan. WVAs directly address the importance of a retirement program for about half of all workers who do not have a retirement savings plan in their workplace.

Fact Sheet »

Creating jobs and boosting our economy

01.14.2010 | Washington State is losing an estimated 44,000 private and public sector jobs due to billions of dollars in state budget cuts in 2009 – and further cuts could axe another 33,600. By contrast, a combination of new state taxes and federal aid to fill the state’s budget gap could save up to 30,000 jobs.

Full Report »

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Policy Success

With our partners, EOI delved into the data, starting a statewide campaign to educate Washington citizens about the dangers of Social Security privatization.