Plenty has been written about American workers’ failure to plan adequately for retirement. Their employers seem to be doing an even worse job.

Only 1 in 10 large employers offers a formal phased-retirement program that lets workers cut back their hours or responsibilities before they quit work entirely, according to the 2018 Longer Working Careers Survey by professional services consultant Willis Towers Watson. Fewer than 1 in 3 of the companies surveyed offered their employees the option to work part time or switch to a less demanding job, according to the survey, which polled 143 large U.S. companies that employ 2.9 million people.

In my latest for the Associated Press, why more companies should offer formal phased retirement programs.