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<h3>Social Security Bulletin, <abbr title="Volume">Vol.</abbr>&nbsp;72, <abbr title="Number">No.</abbr>&nbsp;1</h3>
<div class="releaseDate">(released February 2012)</div>
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<p><a href="/policy/docs/ssb/v72n1/ssb-v72n1.pdf" title="Download entire publication as PDF">Download entire publication</a></p>
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<div><a href="/policy/docs/ssb/v72n1/v72n1p1.html">The Impact of Changes in Couples' Earnings on Married Women's Social&nbsp;Security&nbsp;Benefits</a></div>
<div class="authors">by Barbara A. Butrica and Karen E. Smith</div>
<p>This article uses the Social Security Administration's Modeling Income in the Near Term (version&nbsp;6) to examine how changes in married women's labor force participation and earnings will impact the Social Security benefits of current and future beneficiary wives. Over the next 30&nbsp;years, a larger share of wives will be eligible for Social Security benefits based solely on their own earnings, and wives' average Social Security benefits are expected to increase by 50&nbsp;percent. Despite rising female lifetime earnings, wives' earnings typically remain below those of their husbands, so many wives who are retired-worker-only beneficiaries while their husbands are alive will receive auxiliary benefits when their husbands die.</p>
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<div class="ssbArticle">
<div><a href="/policy/docs/ssb/v72n1/v72n1p11.html">The Retirement Prospects of Divorced Women</a></div>
<div class="authors">by Barbara A. Butrica and Karen E. Smith</div>
<p>To project the retirement resources and well-being of divorced women, the authors use the Social Security Administration's Modeling Income in the Near Term (version&nbsp;6). Findings show that Social Security benefits and retirement incomes are projected to increase for divorced women and that their poverty rates are projected to decline, due in large part to women's increasing lifetime earnings. However, not all divorced women will be equally well off; economic well-being in retirement varies by Social Security benefit type.</p>
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<div class="ssbArticle">
<div><a href="/policy/docs/ssb/v72n1/v72n1p23.html">Racial and Ethnic Differences in the Retirement Prospects of Divorced Women</a></div>
<div class="authors">by Barbara A. Butrica and Karen E. Smith</div>
<p>The authors use the Social Security Administration's Modeling Income in the Near Term (version&nbsp;6) to describe the likely characteristics, work experience, Social Security benefit status, and economic well-being of future divorced women at age&nbsp;70, by race and ethnicity. Factors associated with higher retirement incomes include having a college degree; having a strong history of labor force attachment; receiving Social Security benefits; and having pensions, retirement accounts, or assets, regardless of race and ethnicity. However, because divorced black and Hispanic women are less likely than divorced white women to have these attributes, income sources, or assets, their projected average retirement incomes are lower than those of divorced white women.</p>
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<div class="ssbArticle">
<div><a href="/policy/docs/ssb/v72n1/v72n1p37.html">This Is Not Your Parents' Retirement: Comparing Retirement Income Across&nbsp;Generations</a></div>
<div class="authors">by Barbara A. Butrica, Karen E. Smith, and Howard M. Iams</div>
<p>This article examines how retirement income at age&nbsp;67 is likely to change for baby boomers and generation&nbsp;Xers compared with current retirees. The authors use the Modeling Income in the Near Term model to project retirement income, assets, poverty rates, and replacement rates for current and future retirees at age&nbsp;67. In absolute terms, retirement incomes of future cohorts will increase over time, and poverty rates will fall. However, projected income gains are larger for high than for low socioeconomic groups, leading to increased income inequality among future retirees.</p>
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<div class="ssbArticle">
<div><a href="/policy/docs/ssb/v72n1/v72n1p59.html">The Increasing Labor Force Participation of Older Workers and its Effect on the Income of the Aged</a></div>
<div class="authors">by Michael V. Leonesio, Benjamin Bridges, Robert V. Gesumaria, and Linda Del Bene</div>
<p>Higher labor force participation rates for people aged&nbsp;<span class="nobr">62&ndash;79</span> are associated with a dramatic increase in the share of their total money income attributable to earnings. For persons aged&nbsp;<span class="nobr">65&ndash;69,</span> the earnings share increased from 28&nbsp;percent in 1980 to 42&nbsp;percent in 2009. Two decades ago, Social Security benefits and earnings were roughly equal shares of total money income (about 30&nbsp;percent); the earnings share is now more than 12&nbsp;percentage points larger. The marked increase in the importance of earnings as an income source is also evident throughout the <span class="nobr">62&ndash;79</span> age range among Social Security beneficiaries.</p>
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<div class="ssbArticle">
<div><a href="/policy/docs/ssb/v72n1/v72n1p79.html">&quot;Fast-Track&quot; Strategies in Long-Term Public Disability Programs Around the World</a></div>
<div class="authors"><div class="float-right"><img src="/policy/images/icons/info-22.png" alt="Information icon" style="display:inline;height:1.1em;margin-bottom:.25em"> <i><a href="/policy/docs/ssb/v72n1/v72n1p79.html#errataBox">Errata</a></i></div> by David Rajnes</div>
<p>This article examines fast-track procedures in long-term public disability programs in the United States and several other countries. Such procedures share a common goal of accelerating applicants&mdash;generally for those with severe disabilities, blindness, or facing terminal illness&mdash;through the disability determination process.</p>
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<p class="ninetypercent"><abbr class="spell">ISSN</abbr>: 1937-4666</p>
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