Pensions remain an important source of retirement income: Pension benefits (public or private) 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 | 29% | $13,200 |
1st (bottom) quintile | 8% | $2,472 |
2nd (lower-middle) quintile | 25% | $6,804 |
3rd (middle) quintile | 35% | $12,000 |
4th (upper-middle) quintile | 40% | $18,000 |
5th (top) quintile | 38% | $28,000 |
Hispanic | 14% | $13,000 |
Black non-Hispanic | 25% | $14,400 |
White non-Hispanic | 32% | $13,200 |
Less than high school | 16% | $6,000 |
High school diploma/GED | 28% | $10,140 |
Some college | 31% | $12,000 |
Bachelor’s degree or more | 37% | $23,500 |
Unmarried women | 30% | $9,996 |
Unmarried men | 33% | $15,600 |
Married women | 19% | $10,972 |
Married men | 35% | $16,800 |
Source: EPI analysis of U.S. Census Bureau's Current Population Survey Annual Social and Economic Supplement microdata