A Note on Pension Coverage and Earnings Replacement Rates of Retired Men: A Closer Look at Distributions
In spite of the importance of registered pension plans (RPPs) in discussions of Canada's retirement income system, very few Canadian studies have examined the financial outcomes experienced by RPP members and RPP non-members. Using data from the Longitudinal Administrative Database (LAD), this paper compares the distributions of earnings replacement rates achieved by retired men who were or were not members of a registered pension plan (RPP) in 1991 and/or 1992. The distributions of earnings replacement rates of men who were not RPP members are far more dispersed than those of men who were RPP members. And while the average earnings replacement rates of the two groups are generally comparable, the median earnings replacement rates of RPP non-members are lower than those of RPP members as a result of asymmetry in the distributions.
|Date of creation:||19 Jul 2010|
|Contact details of provider:|| Postal: Tunney's Pasture, Ottawa, Ontario, K1A 0T6|
Web page: http://www.statcan.gc.ca
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:stc:stcp3e:2010326e. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark Brown)
If references are entirely missing, you can add them using this form.