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The latest data from the U.S. Commerce Department's Bureau of Economic Analysis (BEA) indicate that employer spending on total compensation continues to increase, reaching almost $8 trillion at year-end 2007. That is almost 35 percent higher than seven years earlier, in 2000. This paper provides...
Persistent link: https://www.econbiz.de/10014212541
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based pensions. It analyzes the population age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning at age 50. Recent...
Persistent link: https://www.econbiz.de/10014212543
This paper looks at one slice of the income pie of the older population: retirement annuities and employment-based pensions. It analyzes the population of those age 50 and over in order to take into account the prevalence of early retirement options available to individuals beginning at age 50....
Persistent link: https://www.econbiz.de/10014220870
Financing of the U.S. employee benefit system is a joint effort by employers and employees. Both employers and employees make payments to voluntary employee benefit programs that provide health insurance coverage, retirement benefits, and other benefits. In addition, employers and employees make...
Persistent link: https://www.econbiz.de/10014220874
The performance of the U.S. retirement income system - including employment-based retirement plans, Social Security, individual saving, and post-retirement employment - can in part be assessed by examining the income of current retirees. This paper reviews the latest available data from the U.S....
Persistent link: https://www.econbiz.de/10014129195
Several demographic variables are correlated with a worker's likelihood of receiving a retirement annuity and/or employment-based pension payment in retirement. These variables are also correlated with the amount of pension income a worker receives from these plans. For example, in 1998, 31.7...
Persistent link: https://www.econbiz.de/10014132715
Evaluations of how well the U.S. retirement income system - including employment - based retirement plans, Social Security, and individual saving - is performing are often based on the economic status of the current older population (age 65 and older). This article presents some of the latest...
Persistent link: https://www.econbiz.de/10014133015
In 1998, Americans received a gross total of about $1.4 trillion from major employee benefit programs. Retirement benefit payments of $780.4 billion accounted for 56.2 percent of total benefit payments. Of that amount, $369.4 billion was paid by the Social Security Old-Age, Survivors and...
Persistent link: https://www.econbiz.de/10014133613
This article reviews the latest available data on the older population's income and how it has changed over time, as well as how the elderly's reliance on these sources varies across income levels. The median income level of the elderly population was $13,561 in 2000, up from $12,519 in 1992 (in...
Persistent link: https://www.econbiz.de/10014121329
Data from the March 2000 Current Population Survey show that gender, marital status, age, education, and income have a significant impact on the likelihood of an individual receiving a retirement annuity and/or employment-based pension payment in retirement
Persistent link: https://www.econbiz.de/10014127572