Pension Income of the Elderly and Characteristics of Their Former Employers
16 Pages Posted: 16 Mar 2007
Abstract
Retirees' receipt of pension income significantly affects their ability to maintain a standard of living similar to that of their preretirement years. Whether a retiree receives this type of income depends on characteristics of both the individuals and their former employers. This paper examines the characteristics of retirees and their former employers in relation to pension income recipiency. The Retirement and Pension Plan Coverage Topical Module of the 2001 Survey of Income and Program Participation (SIPP) is the dataset used for this analysis. Although the data are from 2003, they provide the most recent extensive information available on the characteristics of retirees' former employers and pension income.
The PDF for the above title, published in the March 2007 issue of EBRI Notes, also contains the fulltext of another March 2007 EBRI Notes article abstracted on SSRN: "Retirement Annuity and Employment-Based Pension Income, Among Individuals Age 50 and Over: 2005."
Keywords: Employment-based benefits, Income replacement rate, Retirement income
JEL Classification: D31, J14, J33
Suggested Citation: Suggested Citation