How might legal recognition of household same-sex marriage affect retirement incomes and federal programs? : final report / Karen E. Smith, Stephen Rose, Damir Cosic.

Format:

Book

Government document

Author/Creator:

Smith, Karen E. (Urban Institute)

Rose, Stephen J. (Stephen Jay), 1947- author.

Cosic, Damir (Urban Institute), author.

Contributor:

United States. Department of Labor. Employee Benefits Security Administration, issuing body.

Urban Institute, sponsoring body.

Language:

English

Subjects (All):

Same-sex marriage--Law and legislation--United States.

Same-sex marriage.

Same-sex marriage--United States--Economic conditions.

Retirement income--United States--Forecasting.

Retirement income.

Social security--United States--Forecasting.

Social security.

Retirement income--Forecasting.

Same-sex marriage--Law and legislation.

Social security--Forecasting.

United States.

Genre:

technical reports.

Technical reports.

Physical Description:

1 online resource (viii, 92 pages) : color illustrations

Other Title:

Final report

Place of Publication:

[Washington, D.C.] : U.S. Department of Labor, Employee Benefits Security Administration, 2016.

Summary:

This paper uses the Urban Institute's Dynamic Simulation of Income Model (DYNASIM) to estimate the impact of legal same-sex marriage on retirement incomes of lesbians and gays from 2015 to 2065. It also estimates the impact of legal same-sex marriage on government budgets. Legal same-sex marriage reduces government budgets (increases the deficit) but also increases retirement incomes for seniors in the bottom three-fifths of the income distribution.

Contents:

Introduction

Literature review

Number and characteristics of same-sex cohabiting and married couples

Demographic characteristics of same-sex cohabiting and married couples

Estimation models

Projection results

Conclusions

Appendix A. Effective date of legal same-sex marriage by state

Appendix B. Same-sex cohabitation hazard

Appendix C. Same-sex marriage hazard model

Appendix D. Heterosexual cohabitation hazard model

Appendix E. Heterosexual marriage and separation hazard model, cohabiting couples

Appendix F. Heterosexual separation from marriage hazard model, married couples

Appendix G. Heterosexual divorce hazard model for separated couples.

Notes:

"November 2016."

Includes chapter notes (page 88), bibliographical references (pages 89-91).

Description based on online resource; PDF version; title from cover (DOL, viewed November 5, 2021).

OCLC:

1285001721