Pension Coverage and Earnings Replacement Rates Among Canadian Couples - ARCHIVED

Articles and reports: 11F0019M2010327

Description:

Using data from the Longitudinal Administrative Database (LAD), this paper compares the earnings replacement rates achieved in retirement by a sample of married and common-law couples in which the husband was aged 55 to 57 in 1991. Emphasis is placed on the outcomes experienced by couples in which one spouse or both spouses had registered pension plan (RPP) coverage and by couples without RPP coverage. The earnings replacement rates achieved by couples without RPP coverage are more widely dispersed than those of couples with RPP coverage. When compared at the mid-points of the pre-retirement earnings distributions, the median earnings replacement rates of couples without RPP coverage are about three to six percentage points lower than those of couples with RPP coverage. In contrast, the average earnings replacement rates of couples without RPP coverage are generally six to twelve percentage points higher than those of couples with RPP coverage.

Issue Number: 2010327
Author(s): Ostrovsky, Yuri; Schellenberg, Grant
FormatRelease dateMore information
HTMLJuly 22, 2010
PDFJuly 22, 2010