The Key Determinants and Effects of Pension Participation among Working Adults
2009-05-20
Loading...
View/Download File
Persistent link to this item
Statistics
View StatisticsJournal Title
Journal ISSN
Volume Title
Title
The Key Determinants and Effects of Pension Participation among Working Adults
Authors
Published Date
2009-05-20
Publisher
Hubert H. Humphrey Institute of Public Affairs
Type
Thesis or Dissertation
Abstract
This paper examines the key determinants and effects of pension participation among working adults ages 22-61. I am specifically interested in pension participation and its effects among the low income population. Using the Panel Study of Income Dynamics (PSID), I find that the key determinants of pension participation are income, age, education, having a transaction account, marital status among men and employment under union contract. Furthermore, my results suggest that holding income, age and education constant, participation in both an employer pension and IRA is positively correlated with wealth accumulation. The effects of employer pensions only however, are inconclusive. I discuss the implications of these results and provide an overview of legislation and policy proposals that aim to increase pension participation and better ensure financial security in retirement.
Description
Professional paper for fulfillment of the Masters of Public Policy degree.
Related to
Replaces
License
Collections
Series/Report Number
Funding information
Isbn identifier
Doi identifier
Previously Published Citation
Odgren, Britta. The Key Determinants and Effects of Pension Participation among Working Adults. May 20 2009. May 20 2009. Hubert H. Humphrey Institute of Public Affairs. MPP.
Suggested citation
Odgren, Britta. (2009). The Key Determinants and Effects of Pension Participation among Working Adults. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/50176.
Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.