Pension Estimation Program (Version 1.0)

December 12, 2003

A new version of the Pension Estimation Program is now available for download. This program is designed to estimate the pension entitlements held by respondents of the HRS, based on the plan formulas and benefit provisions obtained from the linked sample of pension providers. The program uses systems of equations to represent each of the pension plans, including all benefit formulas and payment provisions. These equations, in turn, use as input work and income histories of the respondents. For a given set of assumptions, the program calculates the appropriate pension entitlements, and generates output data files for subsequent analysis.

The Pension Estimation Program requires provider and respondent datasets, available separately, in order to generate estimates. New users should visit the HRS Restricted Data Web site for details on how to obtain the HRS 1992 Pension Plan Detail Data Set and the HRS 1998 Pension Plan Detail Data Set. Current users of HRS pension data should submit a request in writing in order to obtain the new products.