# PENSION TRENDS, RETIREMENT INCOMES AND BEHAVIOR

> **NIH NIH R01** · NATIONAL BUREAU OF ECONOMIC RESEARCH · 1992 · $99,690

## Abstract

Incomes and labor force activity are important influences on the health and
welfare of our older citizen.  Retirement behavior is a central determinant
of incomes, and is a major descriptor of changes in labor force activity.
The proposed project is a retirement study.  It is designed to provide
updated information on retirement behavior and related policy issues that
otherwise will not be analyzed for years.  A major emphasis is placed on
the role of pensions in influencing retirement and on the proper
measurement of pension incentives.

The proposed study will estimate five versions of retirement models in
order to incorporate into the study the recent developments in retirement
analysis, to determine the models one against the other, and eventually to
create a model which incorporates important strengths of these alternative
approaches.

Data from the Panel Study On Income Dynamics (PSID) and the Survey of
Consumer Finances (SCF) will be used to analyze retirement behavior for
more recent cohorts than have been analyzed with the Retirement History
Survey (RHS), providing updated retirement analysis for a nationally
representative sample sooner than would be available from the new Healthy
and Retirement Survey.  Thus the study will provide estimates of retirement
behavior for more recent cohorts than those analyzed in other nationally
representative studies.

Moreover, the study will measure the likely effects on retirement of the
changes in pensions over time and differences among demographic groups, and
will consider the issues raised by errors in measuring pensions.  The
Survey of Consumer Finances has a matched panel of employer provided
pension data.  Particular emphasis will be given to the employer provided
plan descriptions available with the SCF.  Given firm and individual
reported pension data, it is possible to analyze the effects of errors in
measurement, when pension plan provisions are misreported by covered
workers, on the parameter estimates that are obtained.  Trends in pensions
and their implications will also be analyzed.  In addition, the project
will use information available on these surveys, but not available in the
older surveys, to anticipate and address a number of methodological issues
which otherwise are unlikely to be addressed until the first few waves of
the Health and Retirement Survey become available.

## Key facts

- **NIH application ID:** 3121887
- **Project number:** 1R01AG009951-01A1
- **Recipient organization:** NATIONAL BUREAU OF ECONOMIC RESEARCH
- **SAM.gov UEI:** GT28BRBA2Q49
- **Principal Investigator:** ALAN Leslie GUSTMAN
- **Activity code:** R01 (R01, R21, SBIR, etc.)
- **Funding institute:** NIH
- **Fiscal year:** 1992
- **Award amount:** $99,690
- **Award type:** 1
- **Project period:** 1992-06-15 → 1995-05-31

## Primary source

NIH RePORTER: https://reporter.nih.gov/project-details/3121887

## Citation

> US National Institutes of Health, RePORTER application 3121887, PENSION TRENDS, RETIREMENT INCOMES AND BEHAVIOR (1R01AG009951-01A1). Retrieved via MORVS 2026-10-25 from https://api.morvs.ai/grant/nih/3121887. Licensed CC0.

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