RETIREMENT SYSTEMS: Recognizes the growing retirement security crisis, highlights its contributing factors, and urges efforts to improve retirement security for all citizens.

SR 176 is a non-binding resolution recognizing Louisiana's acknowledgment of a nationwide retirement security crisis affecting workers, particularly older adults. It highlights factors like rising healthcare costs, declining pension plans, and data showing 80% of households aged 60+ face financial insecurity. The resolution urges federal and state policymakers to pursue solutions - such as promoting lifetime income investment options in retirement plans and increasing financial education - without creating new laws or funding. It does not directly affect individuals or alter existing retirement systems, as it serves only to formally recognize the issue and call for action.