TY - JOUR T1 - Gender differences in pension wealth: estimates using provider data. JF - Gerontologist Y1 - 1999 A1 - Richard W. Johnson A1 - Sambamoorthi, Usha A1 - Crystal, Stephen KW - Female KW - Humans KW - Male KW - Occupations KW - Pensions KW - Sex Factors KW - United States KW - Women, Working AB -
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.
PB - 39 VL - 39 IS - 3 U1 - http://www.ncbi.nlm.nih.gov/pubmed/10396890?dopt=Abstract U4 - Pension Provider Survey/Pension Plans/Pension Wealth/Female/Occupations/Sex Factors/Support, U.S. Government--non PHS/United States/Women, Working ER -