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Retirees with Pension Income and Characteristics of Their Former Job

Retirees' receipt of pension income significantly affects their ability to maintain a standard of living similar to that of their preretirement years. Drawing on data from the 1998 Retirement and Pension Plan Coverage Topical Module of the 1996 Survey of Income and Program Participation, this paper examines the percentage of retirees receiving pension income and the characteristics of these individuals as well as those of their former employers.