NC Work and Save

AARP supports legislation to create a state-sponsored program to expand access to retirement savings.
Close up of savings jars with money
Automatic payroll deductions will help
Retirement savings 1
By Lisa H. Towle
RALEIGH -- National retirement security expert David C. John, spoke to a group of political and business leaders in Raleigh this week about a voluntary and low-cost way for small businesses to offer an easy and portable way for workers to save.
“If you have a pension, you’re one of the lucky ones,” said a Duke economist acknowledging that over the past few decades, most employers have shifted away from maintaining a pension fund for their workers and former employees. Increasingly, it’s up to people to save on their own, usually through a 401K from their employer or from opening an Individual Retirement Account. Yet, many workers are finding themselves near retirement, without the retirement income or savings they need to stay out of poverty and off public assistance programs.
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Governor McCrory released his $21.5 billion budget that holds most existing programs steady with inflation. Looking toward the future of this state, health, retirement and financial security for families and seniors are critical.
AARP North Carolina Director Doug Dickerson talks about the organization's recent accomplishments and looks at what lies ahead for AARP in the Tar Heel State.
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