Pensions

'Graying' population will strain Florida

TALLAHASSEE - Since World War II, Florida has beckoned retirees looking to spend their golden years in the sun. The steady stream has made Florida's population the oldest in the nation.

Now, Florida is headed for an even grayer future in the Baby Boomer retirement era, state economists and demographers predict. The consequences: worker shortages and severe strains on public pensions and government services.

Aging boomers strain pension funds

TALLAHASSEE – Since World War II, Florida has beckoned retirees looking to spend their golden years in the sun. The steady stream has made Florida the oldest state in the nation. Now, Florida is headed for an even grayer future in the Baby Boomer retirement era, state economists and demographers predict. The consequences: worker shortages and severe strains on public pensions and government services.

Time-series Estimates of Pension Benefits by State 1967-2000

In this paper we describe, compare, and evaluate the available data for preparing time-series estimates of pension benefits by state and present a set of such estimates for the years 1967 to 2000. We conclude that the Current Population Survey is the best source on the basis of timeliness and the length of the time series it can support.

Publication Date: 
01/11/2003
Author(s): 
Lenze, David G.
Pages: 
59 pages
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