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Author:Benedict, M.
Shaw, K.
Title:The impact of pension benefits on the distribution of earned income
Journal:Industrial and Labor Relations Review
1995 : JUL, VOL. 48:4, p. 740-757
Index terms:INDUSTRIAL RELATIONS
INDUSTRIAL RELATIONS
INCOMES
Language:eng
Abstract:Using standard measures of income inequality and detailed pension benefit information on participants in the 1983 Survey of Consumer Finances (SCF), the authors investigate how pension benefits affected the distribution of earned income. The results suggest that private pensions increased annual income inequality (relative to inequality observed in the distribution of wage income) by only about 2% among all employed individuals, but by 21% among unionized workers. The addition to the analysis of social security benefits strongly reduced inequality in that distribution.
SCIMA record nr: 143096
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