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Toward Improved Modeling of Retirement Income Policies Interim Report (1995) / Chapter Skim
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Pages 28-33

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From page 28...
... For example, there are well-known discrepancies between the reporting of such income sources as pension benefits, interest, and dividends in household surveys compared with income tax and other administrative records (see, e.g., Coder and Scoon-Rogers, 1994~. Sim~larly, there are discrepancies in reported pension coverage.
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From page 29...
... Such data make it possible to assess more accurately than with cross-sectional data the factors that influence behavior and to determine the behavioral effects of changed conditions, including policy changes. Panel survey data also make it possible to separate age from cohort effects: for example, people who are now in their 40s may not exhibit the same retirement patterns when they reach their 60s as the people observed in a cross-sectional survey who are now in their 60s.
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From page 30...
... The questionnaire content in AHEAD is similar to that in HRS, except that AHEAD examines functional health in much greater depth and touches only lightly on labor market activity. Linkages of Social Security earnings records and Medicare and Medicaid claims data are planned for AHEAD.
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From page 31...
... with defined benefit pension plans as the basis for studies of employee turnover and retirement. The intent is to collect data every 3 years on the number of employees at each company at the beginning and end of the year by age, sex, and length of service, and for each category the employees' eligibility for full or reduced retirement benefits, aggregate salary, and aggregate accumulated retirement benefit.
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From page 32...
... However, no exact matches of Social Security records with the March CPS or other household surveys have been made publicly available subsequent to the 1979 exact-match file used by the PRISM model. (An exact-match file of Social Security records with the 1984 SIPP pane!
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From page 33...
... sign agreements that prohibit redistribution of the data and contain penalties for disclosure of individual information. We understand that discussions are under way about the preparation of exact matches of SSA administrative records with HRS and AHEAD.
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Key Terms

  • pension plans
  • retirement income
  • administrative records
  • earnings histories
  • defined benefit

  • household surveys
  • benefit pension
  • private employers
  • security records
  • panel survey

  • income security
  • longitudinal information
  • microsimulation models
  • exact matches
  • functional health

  • longitudinal survey
  • sector establishments
  • people observed
  • benefit costs
  • national longitudinal

  • income tax
  • retirement benefits
  • ssa records
  • longitudinal data
  • demographic characteristics

  • pension plan
  • market activity
  • labor market
  • aggregate salary
  • public sector


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