Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1563 new people
  • 132 new organizations
  • 575 new photos
  • 1986 job history records for people in our database
  • 516 education records for people in our database
  • 1689 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 8 new people through the revolving door
  • 103 new policy reports
  • 16 new trips to our privately funded travel database
  • 330 new personal financial disclosures
  • 9310 new press releases
  • 12 new town halls
  • 19 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Social Security Reform: Implications for Women's Retirement Income

  Premium   Download PDF Now (35 pages)
Report Type Reports and Testimonies
Report Date Dec. 31, 1997
Report No. HEHS-98-42
Subject
Summary:

On average, Social Security pays lower retirement benefits to women than to men, primarily because women tend to have lower lifetime earnings. Social Security reforms that would create individual private savings accounts and change the way that benefits are distributed would exacerbate the difference in retirement benefits between men and women. Working women earn less than men, on average, and would have less money to invest in their individual accounts. Also, women are often more cautious investors than men and may be less likely to invest in potentially higher yielding, though riskier, assets such as stocks, a tendency that puts them at risk of accumulating relatively less money in their accounts at retirement. Moreover, even if men and women enter retirement with equal amounts in their individual accounts, women may receive a lower monthly benefit if they buy an individual annuity because it is adjusted for their greater longevity.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com