Retirement Security: Older Women Remain at Risk - Statement of Barbara D. Bovbjerg

This testimony examines women s retirement income security based on a GAO report that examined (1) how women s access to and participation in employer-sponsored retirement plans compare to men s and how they have changed over time; (2) how women s retirement income compares to men s and how the composition of their income the proportion of income coming from different sources changed with economic conditions and trends in pension design; (3) how later-in-life events affect women s retirement income security; and (4) what policy options are available to help increase women s retirement income security.