In 2019, the National Center for Education Statistics (NCES) began exploratory data collection for the School Pension Survey (SPS). The SPS is a new data collection of elementary/secondary school teacher pension data collected at the school district level. The SPS was developed primarily in response to public demand for data on teacher and other…

Over half a century after pay discrimination became illegal in the United States, a persistent pay gap between men and women continues to hurt our nation's workers and our national economy. Women working full time in the U.S. are paid 82 cents to every dollar earned by men -- but it doesn't stop there. The consequences?of this gap?affect?women…

Population aging in Korea is projected to be the most rapid among Organisation for Economic Co-operation and Development (OECD) countries between 2000 and 2050. However, social spending in Korea remains low, reflecting Korea's relatively young population, limited health and long-term care insurance coverage, and immaturity of its pension system.…

This paper employs panel estimators with data on the 50 American states for the years 1963 to 2006 to test the relationship between Unemployment Insurance (UI) trust fund solvency and UI benefit generosity. We find that both average and maximum weekly UI benefit amounts, as ratios to the average weekly wage, are higher in states and in years with…

Data from the Survey of Income and Program Participation were matched with longitudinal earnings histories and Social Security benefit data to estimate joint work and benefit receipt choices for people age 62 and older. The probability of working is shown to depend on worker characteristics and policy variables. (Author)

Social Security program has over the period become unsustainable from tax finance and imply reforms that would cut down on benefits of the elderly. The implications are that elderly may have to increase their post-retirement working, reduce consumption and opt for shared living rather than independent living conditions. The last of the three…

Although baby boomers were not the sole focus of the American Association of Retired Persons' (AARP) website content on the issue of Social Security reform, their interests were addressed in a variety of ways. AARP provided information, position statements, a live chat forum, and message boards. Additionally, AARP had a partnership with the Rock…

This correspondence presents information on: (1) the number of people who have claimed the income exclusion for using savings bonds to cover college expenses; (2) public awareness of education savings bonds and attitudes toward the income limits on use of the exclusion; (3) the recent lowering of the income limits; and (4) the nonrepayment rate…

Discussion of college faculty retirement benefits looks at trends in early and delayed retirement among faculty and the general population, public policy affecting retirement, a study of college pension plans, and a survey on retiree health benefits. Development of organizational climate where retirement is viewed as normal and attractive is…

A simulation of the effects of proposed changes in Social Security rules (elimination of the Retirement Earnings Test and an increase in the Delayed Retirement Credit) for men working after retirement age demonstrated a rise in long-run costs by $43 billion in taxes and an increase of only 3.5 percent in the supply of older workers. (Author/SK)

Two issues were analyzed--the changing characteristics of early pension recipients and the costs of early retirement. The analyses covered men and women aged 50 and older and were based primarily on data from the Census Bureau's March 1984 Current Population Survey. Findings showed that the percentage of the population receiving employer-sponsored…

This book analyzes the productivity theory of pensions. First, it reviews the history and institutional practices of private pensions and government policy. Chapter 1 discusses demand-side and supply-side perspectives on pensions, the significance of the productivity theory of pensions, and the organization of this book. Chapter 2 traces origins…

The results of more than two-and-one-half years of study by the United States Department of Labor on the effects of the Age Discrimination in Employment Amendments on older workers' retirement plans indicate that removing employment obstacles facing older workers will increase labor force participation rates and, in turn, help refinance the Social…

Recent trends toward earlier retirement have exacerbated the financial problems facing the Social Security system and many other public and private pension plans. The massive commitment of public and private funds to Social Security and pension funds is partly responsible for the trend to early retirement. This, in fact, was one of the early goals…

Because of public concern over prisoners receiving cash benefits from Social Security Administration (SSA) and Veterans' Administration (VA) programs, the General Accounting Office (GAO) conducted a study to estimate the number of prisoners currently receiving cash, social security, other federal retirement, disability, and educational benefits.…