TITLE

Women receive smaller pension payments than men

AUTHOR(S)
Silva, Chris
PUB. DATE
April 2008
SOURCE
Employee Benefit News;Apr2008, Vol. 22 Issue 5, p41
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the big role gender played in determining the annuity or pension income received by women age 50 and older in the U.S. The Employee Benefit Research Institute (EBRI) analyzed the gender gap in retirement using Census Bureau data. EBRI found that 44.6 percent of men age 65 and older received annuity and/or pension income in 2006, with mean amount of $17,200 per year. While only 28.4 percent of women age 65 and older received annuity and/or pension income in 2006, with mean pension income of $11,142 per year.
ACCESSION #
32571987

 

Related Articles

  • Vested interests. Smith, Alan // Money Marketing;1/16/2003, p44 

    Offers advice on how to use funds from personal pension arrangements to secure retirement income in the form of annuity in Great Britain. Overview of the annuity concept; Options for potential annuitants; Advantages of various types of annuity.

  • Personal Financial Management. Scandlyn, Joy; Bowater, Kim // Chartered Accountants Journal;Apr2003, Vol. 82 Issue 3, p76 

    Focuses on employer-sponsored superannuation in New Zealand. Advantages of employers offering compulsory superannuation to their staff; Employees' opinion on superannuation schemes.

  • EOC slams low annuity rates for women. Boles, Corey // Money Marketing;5/16/2002, p7 

    Reports on the decision of the British Equal Opportunities Commission to put off saving for women retirement because of the lower rates they face when buying an annuity. Basic pension received by women who pay the lower married women's National Insurance rate; Information on the Retirement...

  • Equilibrium in a pay-as-you-go pension system.  // OECD Economic Surveys: Spain;Mar98, Vol. 1998 Issue 8, p174 

    Discusses equilibrium in a pay-as-you-go pension system in Spain. Equation for the condition necessary for a pay-as-you-go system to be in equilibrium (receipts equal to payments) at any moment in time; Important inferences that can be made concerning the Spanish pension system based on the...

  • Solvency II issues. Burrows, Billy // Retirement Strategy;4/1/2012, p04 

    The article focuses on the treatment of annuities under the upcoming Solvency II regime that will operate across Europe by 2013. Solvency II is said to introduce a market-consistent framework in which company-specific valuation methodologies would not be permitted. The discussion of the matching...

  • Australians turned off annuities ... but the Swiss love them.  // Corporate Adviser (Online Edition);4/1/2014, p2 

    The article reports that according to a review of research, conducted by Capita Employee Benefits, the number of retired people in Australia who paid for immediate lifetime annuity with the help of their pension savings, increased to 4% in 2012, in comparison to 0.2% in 2006-2007. Capita refers...

  • Australia consults on annuity measures to stop pot depletion.  // Corporate Adviser (Online Edition);7/16/2014, p1 

    The article reports that Australia is consulting to force people to convert all or part of their superannuation benefits to an income stream. An interim report published by the Murray Review team found that a quarter of people with a superannuation balance at age 55 have decreased it by age 70....

  • ANNUITY RETHINK. SNEDDON, GREGG // Finweek;10/6/2011, p51 

    The article discusses how the retirement annuities (RAs) of investors in South Africa are affected by the authorities. It is said that most investors may want to stay away from RAs until their retirement age. They could transfer their discretionary assets into an RA at retirement age, would have...

  • Billy Burrows: Annuity update. Burrows, Billy // Money Marketing (Online Edition);12/18/2014, p1 

    The article presents annuity updates from Great Britain. It states that low interest annuity rates make other options more attractive and should affect the timing of annuity purchases in the country. It is informed that now the income from joint life annuities will be tax free if the original...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics