For Immediate Release
Washington, DC – The following statement is in regards to Aon Hewitt’s survey of the effects of student loans on an employee’s ability to save for retirement. The statement should be attributed to Will Hansen, senior vice president of retirement policy, The ERISA Industry Committee (ERIC):
“Employers voluntarily provide quality retirement benefits to millions of Americans, but more and more employers are concerned with their employees’ inability to save for retirement due to student loan debt. ERIC urges Congress to adopt legislation to support employers as they develop programs that assist their employees in both repaying student loans and saving for retirement.”