Race Inequities in Men's Retirement

A multistate life table model is used to identify how labor force experiences and mortality determine the labor force participation rates (LFPRs) and the qualities of the retirement life cycle of Black and White older men. LFPRs and the life cycle measures are compared to assess inequities of retire...

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Bibliographic Details
Published in:The journals of gerontology. Series B, Psychological sciences and social sciences Psychological sciences and social sciences, 1996-01, Vol.51B (1), p.S1-S10
Main Authors: Hayward, Mark D., Friedman, Samantha, Chen, Hsinmu
Format: Article
Language:English
Subjects:
African Americans - statistics & numerical data
Aged
Disabled Persons - statistics & numerical data
Employment
Employment - statistics & numerical data
European Continental Ancestry Group - statistics & numerical data
Geriatric psychology
Health Status
Humans
Life Expectancy
Life Tables
Male
Men
Middle Aged
Mortality
Older people
Prospective Studies
Quality of Life
Race
Retirement
Retirement - statistics & numerical data
United States - epidemiology
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Summary:A multistate life table model is used to identify how labor force experiences and mortality determine the labor force participation rates (LFPRs) and the qualities of the retirement life cycle of Black and White older men. LFPRs and the life cycle measures are compared to assess inequities of retirement access for the racial groups. The results show that Blacks' lower LFPRs are a function of disability. Despite lower LFPRs than Whites, however, Blacks spend a greater portion of their lives both working and disabled, reducing the retirement period. Race differences in the retirement life cycle also are highly sensitive to mortality. Reducing Black mortality to that of Whites would substantially narrow the life cycle differences. The combination of higher disability and mortality rates among Blacks suggests that health is a key determinant of retirement inequity.
ISSN:1079-5014
1758-5368
DOI:10.1093/geronb/51B.1.S1