When Will the Gender Gap in Retirement Income Narrow?
Among 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.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpla:0404006. 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: (EconWPA)
If references are entirely missing, you can add them using this form.