This page contains a Flash digital edition of a book.
COMMITTEE REPORTS


Pension Disparity By Age And Gender


T


he following table illustrates the breakdown by age, gender and


average gross amount of pension re- ceived in December of 2013. Te aver-


Age Category 55 - 59


60 – 64 65 – 69 70 - 74 75 - 79 80 - 84 85 - 89 90 – 94 95 - 99 100+


Total Female 800


1,761 1,877 1,068 687 518 379 204 58 19


Te Pensioner Statistics shown in


the above table is not complete for every age but gives a snapshot of in- formation in five year steps. Te total number of pensioners is 12,497 as of December 31, 2013. What does this report tell us? What


questions does it raise for us? At first glance the first two lines, age 55-64, indicate many more female teachers retiring than men. Te TRAF Annual report indicates approximately 70% of active teachers are women. Te pension amounts for men and wom- en are more or less similar (materni- ty leave buy back?) and considerably larger than the following age coordi- nates. Is the total pension steadily


Total Male 347


951


1,450 1,151 666 340 171 38 11 1


Peggy Prendergast, Pensions


age gross amount received is indicat- ed for the lowest age in that category with the number of individuals at that age in brackets().


Pensioner Statistics – excluding Mar- riage Break-up Male & Female: 12,497.


Avg. Gross Monthly Pension - Female


$2,151 (88) $2,233 (276) $2,068 (454) $1,890 (248) $1,617 (154) $1,585 (113) $1,370 (88) $1,261 (61) $1,174 (18) $852 (6)


Avg. Gross Monthly Pension Male


$2,189 (26) $2,633 (134) $2,419 (291) $2,357 (257) $2,344 (161) $2,270 (90) $2,154 (43) $2,121 (9) $2,117 (4) $0 (0)


What can we in RTAM do to support the older retiree who is getting poorer and poorer? What are your thoughts?


declining after that and if so why and will it continue this trend for a retir- ee’s lifetime? Also there appears to be fewer numbers of teachers retiring from 55-64. On a second look, between the ages


of 70-79 the numbers of retirees of each gender are more or less equal. Te difference between men and women’s pensions increases consid- erably. Te third observation notes, from the age of 80 on there are many more


female retirees than men . Te dollar difference between the pensions of men and women is much more pro- nounced. How many people in all the age brackets are sole providers in their living situation when retired? What questions do these statistics raise for you as you age? What is the effect of little or no COLA having on pensions? What can we in RTAM do to support the older retiree who is getting poorer and poorer? What are your thoughts? §


RTAM | WWW. RTAM.MB.CA n 11


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32