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Changing demographics and new pension risks

Publication ,  Conference
Shuey, KM; O'Rand, AM
Published in: Research on Aging
May 1, 2006

This study used longitudinal data from the Panel Study of Income Dynamics to examine the hazards of pension saving associated with variations in household arrangements among two cohorts of older workers. Results from multivariate models predicting pension participation, plan type, and pension cash-out highlight that under the defined-contribution plans characteristic of the new pension environment, women continue to bear greater risks associated with family position and lower workplace earnings. Unmarried women were the most likely to be without any type of pension. High rates of divorce among recent cohorts coincide with the spread of individualized pensions and raise additional concerns about women's pension-related income security. Women are vulnerable to income and savings losses in response to marital dissolution, and findings provide evidence that these women are at greater risk of benefit loss due to pension cash-out. The results suggest that these risks may be even greater for younger cohorts of workers. © 2006 Sage Publications.

Duke Scholars

Published In

Research on Aging

DOI

EISSN

1552-7573

ISSN

0164-0275

Publication Date

May 1, 2006

Volume

28

Issue

3

Start / End Page

317 / 340

Related Subject Headings

  • Gerontology
  • 5204 Cognitive and computational psychology
  • 5202 Biological psychology
  • 3202 Clinical sciences
  • 1702 Cognitive Sciences
  • 1103 Clinical Sciences
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Shuey, K. M., & O’Rand, A. M. (2006). Changing demographics and new pension risks. In Research on Aging (Vol. 28, pp. 317–340). https://doi.org/10.1177/0164027505285919
Shuey, K. M., and A. M. O’Rand. “Changing demographics and new pension risks.” In Research on Aging, 28:317–40, 2006. https://doi.org/10.1177/0164027505285919.
Shuey KM, O’Rand AM. Changing demographics and new pension risks. In: Research on Aging. 2006. p. 317–40.
Shuey, K. M., and A. M. O’Rand. “Changing demographics and new pension risks.” Research on Aging, vol. 28, no. 3, 2006, pp. 317–40. Scopus, doi:10.1177/0164027505285919.
Shuey KM, O’Rand AM. Changing demographics and new pension risks. Research on Aging. 2006. p. 317–340.
Journal cover image

Published In

Research on Aging

DOI

EISSN

1552-7573

ISSN

0164-0275

Publication Date

May 1, 2006

Volume

28

Issue

3

Start / End Page

317 / 340

Related Subject Headings

  • Gerontology
  • 5204 Cognitive and computational psychology
  • 5202 Biological psychology
  • 3202 Clinical sciences
  • 1702 Cognitive Sciences
  • 1103 Clinical Sciences