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PBGC Blog: Retirement Matters

For more than 100 years, every Labor Day, America has celebrated working people's contributions. Labor Day is observed and celebrated in different ways all across the country by people in every walk of life. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.

And after our working lives, we can continue to contribute to the country's strength and prosperity through secure retirements. When retirees can rely on their own secure retirement income, the economy wins, and that means workers win too.

PBGC wishes every American a safe and happy Labor Day. We reaffirm our commitment to protecting the more than 40 million American workers in private pension plans, to paying benefits for a million and a half people whose companies could not, and to fighting for American retirement security as part of every worker's American dream.

For a more in-depth look at the meaning of Labor Day, visit DOL's Labor Day 2013 webpage

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