Retirement Income: Implications of Demographic Trends for Social Security and Pension Reform

Pursuant to a congressional request, GAO provided an overview of the trends and key issues relating to retirement income, focusing on: (1) demographic and economic trends affecting retirement income; (2) the status of Social Security's long-term financing problems and proposals to address them; and (3) the extent of pension coverageand retirement saving and how to ensure that Americans can count on them throughout their retirement years.