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What People Don't Know About Their Pensions and Social Security: An Analysis Using Linked Data from the Health and Retirement Study
National Bureau of Economic Research [NBER]
Oct. 11, 1999 "[R]espondent-reported values, together with other observables, account for 80 percent of the variation in pension values and 75 percent of the variation in covered earnings measured from linked records. Thus prospects are good for imputing plan values, but not for imputing the location or size of early retirement incentives. Our findings raise questions about how well respondents understand complex pension and Social Security rules." MORE >> |
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