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For younger employees the possibility of an enjoyable retirement is dwindling. According to a study by Aon Hewitt, Generation Y workers can expect stagnant wages, job insecurity and a steady decline in pension plan and retiree medical benefits.
The survey indicated that anyone between the age of 18 and 30 may be most at risk from these trends despite having the most amount of time to save.
Matt Ackermann is a former online editor-in-chief of SourceMedias Investment Advisor Group.
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OE is just the beginning of a longer annual rite when employees still need to know when coverage begins, where to find ID cards and how to use their new benefits.
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