Centre for Policy on Ageing
 

 

Racial differences in retirement income
 — the roles of public and private income sources
Author(s)Namkee G Choi
Journal titleJournal of Aging & Social Policy, vol 9, no 3, 1997
Pagespp 21-42
Sourcehttp://www.tandfonline.com
KeywordsEthnic groups ; White people ; Black people ; Economic status [elderly] ; Social security benefits ; Assets [elderly] ; Income [older people] ; United States of America.
AnnotationDespite great overall improvement in older people's economic status over the past 2 decades, older people from ethnic minority groups still comprise the poorest population group of all. Using data from the 1971, 1981, and 1991 Current Population Survey (USA), this study examined whether the racial difference in income status of older people has been decreasing or increasing over the past twenty years, and the extent to which social security and supplementary security income - as opposed to private pensions, income from assets and earnings - have contributed to alleviating poverty among white, black and Hispanic older people. Findings revealed that racial and ethnic differences in income status increased between 1970 and 1990, and that social security is the most important income source. Policies which would help to improve the income status of low-income older people are discussed.
Accession NumberCPA-971205411 A
ClassmarkTK: TKA: TKE: F:W: JH: JD: JF: 7T

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