Report to the Honorable Martin Walsh, United States Secretary of Labor: Gaps in Retirement Savings Based on Race, Ethnicity and Gender

This document is a report from the Advisory Council on Employee Welfare and Pension Benefit Plans to the Secretary of Labor on the gaps in retirement savings based on race, ethnicity, and gender. The report provides an overview of the issue, summarizes witness testimony, and makes recommendations for the Department of Labor to address these disparities, including expanding access to retirement plans, enhancing education and outreach, addressing gaps in spousal rights, and updating regulations to better support underserved groups.