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The Transition from Wife to Widow: The Importance of Survivor Benefits to Widows

Daniel A. Myers, Richard V. Burkhauser and Karen C. Holden
The Journal of Risk and Insurance
Vol. 54, No. 4 (Dec., 1987), pp. 752-759
DOI: 10.2307/253121
Stable URL: http://www.jstor.org/stable/253121
Page Count: 8
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The Transition from Wife to Widow: The Importance of Survivor Benefits to Widows
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Abstract

The Retirement Equity Act of 1984 is the latest attempt by the federal government to encourage married men who are eligible for pensions to choose the joint-and-last-survivor option. This paper examines the importance of that choice for the well-being of widows and then estimates the effect of making a survivor benefit universal.

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