More workers are relying on their workplace plans for retirement saving, according to the survey. In Willis Towers Watson’s 2010 survey, 56 percent of respondents said that their employer’s plan was their primary vehicle for retirement saving, but in 2017, that number had grown to 73 percent.
Willis Towers Watson also found that the percentage of worker pay devoted to retirement declined from 9.1 percent to 6.8 percent over the 15-year period between 2001 and 2015 as employees devoted more of their benefits to health care.
The survey was conducted in July and August.