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A Break from the Grind.

Summary paragraph: Quotes, survey statistics and musings to use in employee communications or just for a break from the grind.

* When was the last time a new portrait image was added to our currency? The last changes occurred between 1914 and 1928. The $10 switched from Andrew Jackson to Alexander Hamilton; Jackson replaced Grover Cleveland on the $20 bill; William McKinley took the $500 bill from John Marshall; and Cleveland assumed Hamilton's spot on the $1,000 note.

Source: The New Ten/U.S. Department of the Treasury

* The latest U.S. Census estimates there are now 83.1 million Millennials in the U.S., compared with 75.4 million Baby Boomers. Over two-fifths (44.2%) of Millennials are part of a minority race or ethnic group-more than any generation that preceded them.

* Providers Losing Plan Sponsor Trust: On a 7-point scale, the percentage of plan sponsor respondents who ranked their provider as a 7 or 6 for "providing high-quality service" fell from 85% to 73%, Chatham Partners reports in its annual Provider Loyalty Index. Over two-thirds replied that their provider "reduces administrative burden" (68%) and "offers solutions to plan objectives and goals" (67%)-both down from more than 75% in 2014.

* Among Americans yet to retire, only 20% expect the Social Security system to have enough money to provide them with the current level of benefits when they reach that milestone. An additional 31% say they expect to receive benefits at reduced levels, and 41% think they will receive no benefits at all. Source: Pew Research Center, "Family Support in Graying Societies: How Americans, Germans and Italians Are Coping With an Aging Population"

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Publication:PLANSPONSOR
Date:Aug 1, 2015
Words:274
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