Centre for Policy on Ageing



Gender difference in pension wealth: estimates using provider data
Author(s)	Richard W Johnson, Usha Sambamoorthi, Stephen Crystal
Journal title	The Gerontologist, vol 39, no 3, June 1999
Pages	pp 320-333
Keywords	Pensions ; Economic status [elderly] ; Middle aged ; Older men ; Older women ; United States of America.
Annotation	Information from pension providers in the United States 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. The study concluded that the gender gap is likely to narrow in the future as married women's employment experiences increasingly resemble those of men. (AKM).
Accession Number	CPA-990826293 A
Classmark	JJ: F:W: SE: BC: BD: 7T
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...from the Ageinfo database published by Centre for Policy on Ageing.