Even though women’s economy from the senior years features increased significantly more going back three decades, ladies are nevertheless more likely than simply men playing old-age impoverishment; partly since the ladies earn shorter over their lifetimes and you can live extended than simply men. Inside 2004, the poverty price for women old 65 otherwise more mature was 12 percent, in contrast to 7 % for males (SSA 2006, Table 8.1).

That it innovation are showcased during the Chart step 1, which ultimately shows you to anywhere between 1960 and you can 1985, the new display from lady beneficiaries old 62 otherwise elderly have been dually titled expanded regarding 5 per cent so you’re able to 20%

Established in new 1939 Societal Coverage Amendments, lover and widow(er) pros, both called based otherwise auxiliary experts, provide monthly premiums in order to certified partners and you can survivors away from covered workers (). 5 Bill off a personal Defense auxiliary benefit are contingent to your a few main affairs: relationship position/records and life income relative to a recent otherwise previous partner. Which outcomes of work for qualifications and you may marital records is much more extremely important provided previous proof of switching ong the baby-growth and you may younger delivery cohorts (Butrica and you can Iams 2000; Favreault and you may Steuerle 2007; Goldstein and you may Kenney 2001; Harrington Meyer, Wolf, and you may Himes 2006; Kreider and Simmons 2003). (more…)