| Title | Pension Wealth and Income: 1992, 1998, and 2004 |
| Publication Type | Report |
| Year of Publication | 2008 |
| Authors | Sorokina, O, Webb, A, Muldoon, D |
| Series Title | Center for Retirement Research at Boston College Briefs |
| Document Number | IB#8-1 |
| Institution | Center for Retirement Research at Boston College |
| City | Boston |
| Call Number | newpubs20080411_CRRJan08.pdf |
| Keywords | Net Worth and Assets, Pensions |
| Abstract | What is the impact of the shift from defined benefit to defined contribution plans on the pension wealth of households approaching retirement? Using data from the Health and Retirement Study, this brief documents this shift and compares employer-sponsored pension wealth across households with heads age 51-56 in 1992, 1998, and 2004. The results show that, for the average household, both pension wealth and replacement rates the ratio of annual benefits to pre-retirement earnings fell between 1992 and 2004. |
| URL | https://crr.bc.edu/briefs/pension-wealth-and-income-1992-1998-and-2004/ |
| Endnote Keywords | Pension Wealth/defined benefits/defined contribution pension plans/Retirement Wealth |
| Endnote ID | 18750 |
| Citation Key | 5708 |
