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来源类型Working Paper
规范类型报告
DOI10.3386/w18542
来源IDWorking Paper 18542
Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support
Alan L. Gustman; Thomas L. Steinmeier; Nahid Tabatabai
发表日期2012-11-15
出版年2012
语种英语
摘要A review of the literature suggests that when pension values are measured by the wealth equivalent of promised DB pension benefits and DC balances for those approaching retirement, pensions account for more support in retirement than is suggested when their contribution is measured by incomes received directly from pension plans by those who have already retired. Estimates from the Health and Retirement Study (HRS) for respondents in their early fifties suggest that pension wealth is about 86 percent as valuable as Social Security wealth. In data from the Current Population Survey (CPS), for members of the same cohort, measured when they are 65 to 69, pension incomes are about 56 percent as valuable as incomes from Social Security. Our empirical analysis uses data from the Health and Retirement Study to examine the reasons for these differences in the contributions of pensions as measured in income and wealth data.
主题Microeconomics ; Market Structure and Distribution ; Macroeconomics ; Consumption and Investment ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Labor Compensation
URLhttps://www.nber.org/papers/w18542
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576217
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Alan L. Gustman,Thomas L. Steinmeier,Nahid Tabatabai. Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support. 2012.
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