Catalog of Holdings

Study Report

Study Number: CA-005-050-1-1-United States-OHIO-1989

Subject Area: Economic Attitudes and Behavior

Bibliographic Citation: National longitudinal surveys of labor market experience, mature women: 1989 pension file.  [machine-readable data file] / Ohio State University. Center for Human Resource Research  [principal investigator(s)] / Columbus, OH: Ohio State University. Center for Human Resource Research  [distributor].

Originating Archive Number: Pension

Date Accessioned: 8/1/2005

Number of Files Received: 9

Comments: As downloaded from this BLS web site. Please read all the doucments carefully before you use the pension data.

Access Status: Unrestricted

Date Ordered: 6/17/2005

Documentation: Document files are Microsoft Word and PDF formats.

Abstract: In 1989, the National Longitudinal Survey of Mature Women asked respondents about the most important pensions for themselves and their husbands. Using information gathered from the respondents, Census Bureau staff members were able to collect pension plan descriptions directly from the respondents' employers, who provide their pensions, and from files maintained by the U.S. Department of Labor. These pension descriptions contain formulas for calculating benefits for workers at different ages and with various years of employment with the firm. The descriptions also specify the requirements for collecting benefits under any particular pension formula. Staff members at the Survey Research Center, University of Michigan, then coded this information into a standardized format to be used by the pension calculator program.

The pension calculator computes how much money mature women respondents will receive in benefits upon retiring. This program can produce several different types of information. First, it can generate an output file containing information on the amount of money the respondent will receive from each pension plan and from Social Security upon retirement. This file is available in three different formats and can be merged with information from the main mature women data file. Researchers can also vary the respondent's retirement age to see how yearly benefit amounts change. Second, the pension file generates information that can be used on its own to run simulation exercises. For example, researchers can investigate issues, such as what happens to pension values and monthly payments when the inflation rate changes. In both cases, the user provides a parameter file as input that contains key assumptions about the economy, such as the inflation rate and real wage growth. By varying these key factors, users can simulate how a variety of macro-economic changes will affect a retiree's income.

Media/File Reports:

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