June 2024
14Jun

Health Equity & LGBTQ+ Older Adults of Color. Engaging individuals, communities and organizations

By National Resource Center on LGBTQ+ Aging This report highlights how state, local community organizations, funders and healthcare providers can make innovative impacts in health equity. We are living in a vastly different world than that of 2013, and this section highlights some of the present-day context within which we are doing this work. The United States is becoming older and more diverse. Yet, how we often talk about and intervene on issues related to diversity in aging continues to fall short...

June 14, 2024
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07Jun

Early-Life Circumstances and Racial Disparities in Cognition for Older Americans: The Importance of Educational Quality and Experiences

By Zhuoer Lin, Justin Ye, Heather Allore, Thomas M. Gill & Xi Chen Given the critical role of neurocognitive development in early life, this study assesses how racial differences in early-life circumstances are collectively and individually associated with racial disparities in late-life cognition. Leveraging uniquely rich information on life history from the U.S. Health and Retirement Study for non-Hispanic White (White) and non-Hispanic Black (Black) Americans 50 years or older, we employ the Blinder-Oaxaca method to decompose racial gaps in...

June 7, 2024
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May 2024
30May

This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says

For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social Security, how to best withdraw from accounts. Finances in retirement are an acute fear. About 2 in 3 people worry more about running out of money than about death, according to a recent poll by Allianz Life. Yet, there's a notable lack of attention and concern given to the social aspect of retirement, experts said. It's a facet of retirement planning that's almost "hidden in plain sight," said Robert...

May 30, 2024
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22May

UK. Equality regulator probing DWP over treatment of disabled benefits claimants

The equality regulator is investigating the Department for Work and Pensions over suspicions that its treatment of disabled benefits claimants broke equality laws. Work and Pensions Secretary Mel Stride and some of his predecessors are suspected to have violated the Equality Act 2010 while in charge of the DWP, the Equality and Human Rights Commission (EHRC) said on Wednesday. The regulator is looking at whether during health assessment determinations, which form part of the application process for some benefits, the DWP...

May 22, 2024
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April 2024
12Apr

The Race/Ethnicity Gap in Retirement Plan Participation: More than Just Demographics

By David Blanchett American companies have been actively shifting away from defined benefit (DB) plans towards defined contribution (DC) plans for decades. This shift places more burden on workers to make decisions like whether to participate in the retirement plan, how much to save, and how to invest those savings. This analysis explores how participation in a workforce retirement plan varies by race and ethnicity leveraging data from the Annual Social and Economic Supplement (ASEC) to the 2023 Current Population...

April 12, 2024
Adequacy, Articles, , ,
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05Apr

Wealth Creators or Inheritors? Unpacking the Gender Wealth Gap from Bottom to Top and Young to Old

By Eva Sierminska, Charlotte Bartels & Carsten Schroeder There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies have focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique data that over samples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40, then widens, and declines for those past retirement age. Transfer amounts and their timing are...

April 5, 2024
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05Apr

UK. Single pensioner income inequality widens over past decade

The gap between the poorest and richest single pensioners has increased "considerably" over the past decade, analysis by Broadstone has found. The analysis of the Department for Work and Pensions’ pensioner income series showed that single pensioner incomes in the bottom quintile grew by 2 per cent before housing costs between 2010/11-2011/12 and 2020/21-2021/22. This is an average increase of £208 per year. Those who are in the top quintile saw income growth over the same period of 9 per cent,...

April 5, 2024
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March 2024
08Mar

The gender pensions gap report 2024

By Joanne Segars, Lizzy Holliday & Laura Wilkinson The gender pensions gap- the difference in pension savings wealth between men and women at retirement age - is substantial. Allowing for typical working patterns, women's pension wealth is a third (33%) less, relative to men. These figures are the result of a lifetime of reduced earnings potential, increased time out of the workforce and other contributory factors. To bridge this gap themselves, women would need to work an extra 19 years in...

March 8, 2024
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08Mar

Gender Pension Gap in EU Countries: A Between-Group Inequality Approach

By Antonio Abatemarco, Elena Lagomarsino & Maria Russolillo  Pension entitlements are influenced by individual career paths and labor market conditions, which often result in gender-based disparities. Women face several challenges during their working lives, such as late entry into the labor market, the gender pay gap, discontinuous working careers, and early retirement due to family caregiving, which lead to lower pension incomes. This paper investigates the gender pension gap in nine European Union countries from 2004 to 2020. Our study...

March 8, 2024
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08Mar

The gender pension gap: What does it tell us and what should be done about it?

By Miglena Abels, Loli Arribas-Banos & Gustavo Demarco Despite recent attention in the media, progress in closing the gender pension gap in most countries has halted. These sources point to a stark disparity in retirement outcomes, with women receiving pensions that are between 25% to 30% lower than those of men. Methodological differences to estimate the gap don’t make it less striking and are no excuse for inaction. Source World Bank

March 8, 2024
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