Table 6
Likelihood of being retired: Marginal effects associated
with Registered Pension Plan (RPP) coverage
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Quintile 1 | Quintile 2 | Quintile 3 | Quintile 4 | Quintile 5 | |
---|---|---|---|---|---|
percent | |||||
Men | |||||
Predicted probabilities of being retired | 89.5 | 87.2 | 84.8 | 83.9 | 79.1 |
percentage points | |||||
Marginal effect associated with RPP coverage | |||||
RPP coverage in 1991 and 1992* | |||||
Neither year (reference group) | … | … | … | … | … |
One year | 4.7 *** | 7.0 *** | 9.6 *** | 11.1 *** | 14.1 *** |
Both years | 3.6 *** | 8.2 *** | 10.7 *** | 11.1 *** | 14.4 *** |
percent | |||||
Women | |||||
Predicted probabilities of being retired | 91.3 | 90.0 | 87.4 | 84.1 | 78.6 |
Marginal effect associated with RPP coverage | |||||
percentage points | |||||
RPP coverage in 1991 and 1992* | |||||
Neither year (reference group) | … | … | … | … | … |
One year | 2.9 † | 6.0 *** | 5.3 *** | 12.8 *** | 15.5 *** |
Both years | 4.8 *** | 5.5 *** | 8.0 *** | 11.8 *** | 15.3 *** |
Note(s):
Predicted probabilities calculated on the basis of mean pre-retirement
earnings, married at the beginning and end of the reference period, no RPP
coverage in 1991 and 1992, and being Canadian-born or immigrant
landed before 1980.
† p<0.1
* p<0.05
** p<0.01
*** p<0.001
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