Gender differences in pension wealth: estimates using provider data.

TitleGender differences in pension wealth: estimates using provider data.
Publication TypeJournal Article
Year of Publication1999
AuthorsJohnson, RW, Sambamoorthi, U, Crystal, S
JournalGerontologist
Volume39
Issue3
Pagination320-33
Date Published1999 Jun
ISSN Number0016-9013
Call Numberpubs_1999_Johnson_RGer.pdf
KeywordsFemale, Humans, Male, Occupations, Pensions, Sex Factors, United States, Women, Working
Abstract

Information from pension providers was examined to investigate gender differences in pension wealth at midlife. For full-time wage and salary workers approaching retirement age who had pension coverage, median pension wealth on the current job was 76% greater for men than women. Differences in wages, years of job tenure, and industry between men and women accounted for most of the gender gap in pension wealth on the current job. Less than one third of the wealth difference could not be explained by gender differences in education, demographics, or job characteristics. The less-advantaged employment situation of working women currently in midlife carries over into worse retirement income prospects. However, the gender gap in pensions is likely to narrow in the future as married women's employment experiences increasingly resemble those of men.

DOI10.1093/geront/39.3.320
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/10396890?dopt=Abstract

Endnote Keywords

Pension Provider Survey/Pension Plans/Pension Wealth/Female/Occupations/Sex Factors/Support, U.S. Government--non PHS/United States/Women, Working

Endnote ID

4230

Alternate JournalGerontologist
Citation Key6644
PubMed ID10396890