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Projected pension income: equality or disparity for the baby-boom cohort?
James H. Moore, Jr.
Economist, Office of Policy and Research, Employee Benefits Security Administration, Department of Labor, Washington,
DC.
E-mail: moore.james.h@dol.gov
This article presents data from the Modeling Income in the Near Term (MINT 3) system to address the question of what is in store for the baby-boom cohort once it reaches age 62. The primary objective is to examine disparities in projected pension eligibility and income among the various baby-boom subgenerations upon reaching 62 years. Over time, both eligibility for pensions and income from employer-sponsored pension plans will increase for baby boomers. Eligibility rates and benefit amounts are projected to be greater for late boomers overall and, within the late-boomer category, men, whites, and the more educated.
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National Compensation Survey - Benefits
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