When Will the Gender Gap in Retirement Income Narrow?
AbstractAmong recent retirees, women receive substantially less retirement income from Social Security and private pensions than men. Increases in women’s labor market attachment and earnings relative to men over the past 50 years provide some optimism for an improvement in female retirement income, particularly for married women. This study shows that women’s income from Social Security and private pensions has improved only slightly relative to men over the past 25 years. Using data on people approaching retirement age over the next 20 years, prospects for future improvement are investigated. One of the main conclusions is that pension income among women (particularly married women) will rise sharply relative to men’s over the next few decades, but a substantial gap could remain even if women close the gap in experience and salaries.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0404006.
Length: 35 pages
Date of creation: 22 Apr 2004
Date of revision:
Note: Type of Document - pdf; pages: 35
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Other versions of this item:
- William E. Even & David A. Macpherson, 2004. "When Will the Gender Gap in Retirement Income Narrow?," Southern Economic Journal, Southern Economic Association, vol. 71(1), pages 182-200, July.
- William E. Even & David A. Macpherson, 2003. "When Will the Gender Gap in Retirement Income Narrow?," Labor and Demography 0310005, EconWPA.
- J - Labor and Demographic Economics
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