Research & Analysis by Gayle Thompson Rogers

Vesting of Private Pension Benefits in 1979 and Change From 1972
from Social Security Bulletin, Vol. 44, No. 7 (released July 1981)
by Gayle Thompson Rogers

Aged Widows and OASDI: Age At and Economic Status Before and After Receipt of Benefits
from Social Security Bulletin, Vol. 44, No. 3 (released March 1981)
by Gayle Thompson Rogers

Pension Coverage and Vesting Among Private Wage and Salary Workers, 1979: Preliminary Estimates from the 1979 Survey of Pension Plan Coverage
ORES Working Paper No. 16 (released June 1980)
by Gayle Thompson Rogers

This paper examines pension coverage and vesting in 1979 among private wage and salary workers aged 14 and older in the employed labor force. Coverage and vested status are examined in relation to personal and current job characteristics in order to provide a profile of workers protected and not protected under the private retirement system. The data are derived from the 1979 Survey of Pension Plan Coverage, a supplement to the May 1979 Current Population Survey.

Three major findings emerge from the analysis. First, coverage rates among full-time workers increased slightly between 1972 and 1979, and vested rates increased substantially during the same period. Second, although coverage rates were moderate to high for certain groups of workers, many workers were not in these groups. Third, women were much less likely than men to be covered by a retirement plan and to have acquired vested rights to their benefits.