Public pensions are a lifeline for black and female retirees: Public pension benefits of people age 65 and older by family income, race and ethnicity, education, gender, and marital status, 2014
Characteristics | Percent with benefits (bottom axis) | Median of those with benefits (top axis) |
---|---|---|
All | 12% | $16,800 |
1st (bottom) quintile | 2% | $4,272 |
2nd (lower-middle) quintile | 7% | $9,300 |
3rd (middle) quintile | 13% | $12,000 |
4th (upper-middle) quintile | 17% | $21,600 |
5th (top) quintile | 21% | $26,976 |
Hispanic | 6% | $18,000 |
Black non-Hispanic | 12% | $17,664 |
White non-Hispanic | 13% | $16,800 |
Less than high school | 4% | $11,184 |
High school diploma/GED | 9% | $12,000 |
Some college | 12% | $15,000 |
Bachelor’s degree or more | 21% | $23,400 |
Unmarried women | 13% | $12,300 |
Unmarried men | 13% | $21,600 |
Married women | 10% | $13,188 |
Married men | 13% | $22,740 |
Source: EPI analysis of U.S. Census Bureau's Current Population Survey Annual Social and Economic Supplement microdata