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CRS Report: Income and Poverty Among Older Americans in 2006 (PDF)
Congressional Research Service [CRS]
Sept. 25, 2007
24 pages. "Retirement benefits from Social Security and pensions are the most common sources of income among the aged. In 2006, Social Security paid benefits to 86% of Americans age 65 and older.... In 2006, 35% of people age 65 and older received income from a private or public pension. Among people age 65 and older who reported income from a government pension, the median annual amount was $14,400. Among recipients of private pensions, the median amount received in 2006 was just $7,200." [Report RL32697, updated Sept. 24, 2007]
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