The application of unisex annuity tables to retirement plans.
Protections in pension law meant to increase women's pension income must be reevaluated in light of the increased use of defined contribution plans. One such protection is discussed: the requirement that pension plans use unisex annuity tables in calculating monthly benefits for retirees. Its usefulness is examined when applied to defined contribution plans. Legal reforms necessary to insure the use of unisex annuity tables are examined.
Bruce
E A
EA
Gerontology Institute, University of Massachusetts, Boston 02125-3393, USA. ellen.bruce@umb.edu
D000206:Actuarial Analysis; D000368:Aged; D002961:Civil Rights / Q000331:legislation & jurisprudence; D019461:Employee Retirement Income Security Act / Q000331:legislation & jurisprudence*; D005260:Female; D006801:Humans; D008297:Male; D010415:Pensions; D012935:Social Justice; D014481:United States