Laserfiche WebLink
The pay gap increases over the course of a Woman's career <br />and is Widest for Women ages 55-64. This Likely reflects the <br />Long-term effects of direct and indirect discrimination, Which <br />compound over time. <br />WOMEN'S EARNINGS AS A PERCENTAGE <br />OF MEN'S EARNINGS, BY AGE, 2018 <br />GENDER <br />PARITY <br />Ages 16 to 1g <br />Ages 20 to 24 089.1 <br />Ages 25 to 34 87.2 <br />Ages 35 to 44 80.1 <br />Ages 45 to 54 78.0 <br />Agest 55 to 64 750 <br />Ages 65 and up 848 <br />Source: U.S. Census Bureau, American Community Survey, 2019 <br />Women face an income gap in retirement. Because they have <br />earned less and therefore paid Less in the Social Security <br />system, they receive less in Social Security benefits. They also <br />Lag behind men in pension benefits and all other sources of <br />retirement income. <br />WOMEN'S RETIREMENT INCOME AS A PERCENTAGE <br />OF MEN'S BY SELECT SOURCES, 2018 <br />GENDER <br />Retirement Income PARITY <br />(all sources) 70.5 <br />social Security 802 <br />i <br />i <br />Pension Incomers .,. _. m. - .a.._ w,.�w _ 76.2 <br />Source: U.S. Census Bureau, Current Population Survey, Annual Social and Economic <br />Supplement, 2019 <br />Note: Based on mean income for all individuals over 15 who receive that source <br />of income, Traditional wage gap calculations use median earnings, which are not <br />published for other sources of income. Social Security includes pension, survivor, <br />and permanent disability payments made from the Social Security Administration. <br />Pension income is from employers and unions. Retirement income includes Social <br />Security, pension income, retirement savings accounts and all other sources of <br />income in retirement <br />11 <br />