Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Do Men and Women Receive the Same Amount of Pension Benefits?
National Center for Policy Analysis [NCPA] Mar. 20, 2014
"Benefit rates for men and women were very similar at ages through the early 50s (and in fact, very slightly higher for women), but at age 55, benefits spiked much higher for men than for women. Fifty years old is the age at which Ohio teachers become eligible for early retirement. At age 55, the average man will receive a pension benefit worth 23 percent of lifetime earnings, compared to 19 percent for the average woman. Were women to receive that additional 4 percent in benefits, it would be worth about $70,000 in 2014 dollars."
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