Page 70 - 2020 Peel & Holland Benchmarking Survey Results

RETIREMENT PLANS

72% of employees are interested in a phased retirement program
to support a gradual shift from full-time employment to full-time
retirement, while only 10% of employers are currently offering this
emerging benefit.

MetLife’s Evolving Retirement Model Study

Do you offer an Do you have an employer How much is your match?
Number
% of 35
employer-sponsored contribution match in Reason If yes, how much
14%
0 - 2.99%
5
Do you offer an employer sponsored retirement plan? 6 Do you have an employer contribution match in your retirement plan? 10 35 26%
21
60%
3 - 5.99%
is your match?
26%
9
6 - 19%
your retirement plan?
retirement plan?
6%+
% of 51 Number 12% 88% 45 Yes | 88% No | 12% % of 45 Number 22% 78% Yes | 78% No | 22%
14%
0 - 2.99%
Reason No Yes Reason No Yes
60%
3 - 5.99%
68 PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results