The National Association Of Retirement Plan Participants

NARPP HAS CONTINUED TO CONDUCT ITS ANNUAL IN-DEPTH NATIONWIDE RESEARCH WITH OVER 5,000 PEOPLE TO GAIN A BETTER UNDERSTANDING OF HOW TO IMPROVE OVERALL FINANCIAL WELLNESS AND FINANCIAL DECISION MAKING. DURING THE PANDEMIC, THE ORGANIZATION STUDIED HOW COVID-19 HAS AFFECTED INDIVIDUAL PARTICIPATION IN RETIREMENT SAVINGS PLANS. BASED UPON THESE SURVEYS, THE ORGANIZATION CONTINUES TO IDENTIFY OPPORTUNITIES AND NEW WAYS TO DELIVER FINANCIAL EDUCATION AND SUPPORT THROUGH DIGITAL CHANNELS, PEER SHARING, AND RETIREMENT PLAN DESIGN CHANGES. THE RESEARCH IS SHARED WITH FINANCIAL INSTITUTIONS, CONVEYED AT RETIREMENT PLAN CONFERENCES, DESSEMINATED TO EMPLOYER DATABASES, AND MANY ARTICLES ARE MADE AVAILABLE TO THE PUBLIC. PRIOR PROGRAMS CONTINUE TO BENEFIT ORGANIZATIONS SUCH AS THE CALIFORNIA TEACHERS ASSOCIATION WHERE THE RESULTS OF RETIREMENT PLAN RESEARCH IS SHARED WITH THEIR EMPLOYEES AND THE PUBLIC.

Expenses: $74K

USING RESEARCH DESCRIBED IN PROGRAM ONE, NARPP HAS CONTINUED TO CREATE AND IDENTIFY WAYS TO HELP CLOSE THE GENDER RETIREMENT SAVINGS GAP. NARPP HAS WORKED WITH EMPLOYERS AND RETIREMENT PLAN PROVIDERS, SHARING RESEARCH WITH VARIOUS OUTSIDE ORGANIZATIONS, THE CAUSES AND SOLUTIONS TO THESE PROBLEMS, AND USING THIS RESEARCH FOR BETTER POLICY AND HELPING EMPLOYERS UNDERSTAND THESE ISSUES. PRIOR STUDIES HAVE EXPLORED SOME OF THE ROOT CAUSES OF THE GENDER RETIREMENT SAVINGS GAP, AND WHY WOMEN HAVE LESS RETIREMENT SAVINGS THAN MEN. THE STUDY ALSO IDENTIFIES WHAT STEPS CAN BE TAKEN TO ENGAGE PEOPLE WITH BETTER FINANCIAL DECISION MAKING.

Expenses: $36K

NARPP MAINTAINS A FREE INFORMATIONAL WEBSITE FOR SCHOOLS, UNIVERSITIES AND THE PUBLIC. DIRECT ANNUAL SITE VISITS ARE APPROXIMATELY 92,000. UNIONS, TEACHERS, AND SCHOOLS USE THIS SITE AND ARE LICENSED TO SHARE RETIREMENT RESEARCH PROVIDED BY NARPP. THESE WEBSITES CONTINUE TO REACH A WIDE AUDIENCE EDUCATING PEOPLE AND PLAN PROVIDERS ABOUT WAYS TO IMPROVE RETIREMENT SAVINGS. THE RESULT IS THAT THIS RESEARCH ENCOURAGES OPTIMAL DECISION MAKING FOR RETIREMENT PLANNING AND ADMINISTRATION.

Expenses: $9K