Retirement before Age 65 Is a Growing Trend in the Private Sector. Report to the Chairman, Subcommittee on Civil Service, Post Office and General Services, Committee on Governmental Affairs, United States Senate [microform]
- Bib ID:
- 5460010
- Format:
- Book and Microform
- Author:
- General Accounting Office, Washington, DC
- Online Version:
- https://eric.ed.gov/?id=ED263408
Broken link? let us search Trove , the Wayback Machine , or Google for you.
- Description:
-
- [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1985
- 25 p.
- Summary:
-
The General Accounting Office examined retirement age trends in the private sector to assist the Congress in its effort to devise a retirement system for Federal employees. The Census Bureau's Current Population Survey (CPS) was identified as a source of information about private sector retirement patterns. March 1974, 1979, and 1984 data were used to identify persons receiving private pension income and their demographic characteristics. Analysis focused on male and female pension recipients aged 50 and older. About half of the individuals who receive private pensions started receiving them by age 62; almost 60 percent started receiving them before reaching 65. Median retirement age was 62. The proportion of people receiving private pension income at ages under 65 increased rapidly between 1973 and 1983. The proportion of all men aged 50 to 64 who received pension income essentially doubled. Women experienced a substantial but smaller increase in pension receipt. About one-third of male private pension recipients aged 50 to 61 were receiving Social Security disability payments, Supplemental Security Income, or Workers' Compensation. (Appendixes include a report with the data and methodology used to derive the results. CPS questionnaires regarding type of benefits received are also provided.) (YLB)
- Notes:
-
- Availability: U.S. General Accounting Office, Document Handling and Information Services Facility, P.O. Box 6015, Gaithersburg, MD 20877 (First five copies free; additional copies: $3.25 bound, $1.00 unbound).
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
- Other authors/contributors:
- General Accounting Office, Washington, DC
- Available From:
- ERIC
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
- Reason for copyright status:
- Until 2055 [Created/Published Date + 70 Years]
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1985
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
Request this item
Request this item to view in the Library’s reading room.
Feedback
Similar items
- Retirement before Age 65. Trends, Costs, and National Issues. Report to the Chairman, Select Committee on Aging, House of Representatives [microform]
- Retirement forecasting [microform] : evaluation of models shows need for information on forecast accuracy : report to the chairman, Subcommittee on Social Security and Income Maintenance Programs, Committee on Finance, United States Senate / United States General Accounting Office
- Retirement Forecasting. Technical Descriptions of Cost, Decision and Income Models. Volume 2. Report to the Chairman, Subcommittee on Social Security and Income Maintenance Programs, Committee on Finance, United States Senate [microform]
- Retirement Forecasting. Evaluation of Models Shows Need for Information on Forecast Accuracy. Volume I. Report to the Chairman, Subcommittee on Social Security and Income Maintenance Programs, Committee on Finance, United States Senate [microform]
- Federal workforce [microform] : provisions for comparing government and contractor retirement costs should be changed : report to the chairman, Committee on Post Office and Civil Service, House of Representatives / United States General Accounting Office