Table 1 Descriptive statistics for...

Table 1

Descriptive statistics for remaining life expectancy at age 60, average pension at age 70, and lifetime pension: Means, with percentages shown in parentheses

	Number		LE₆₀ (years)		Mean Pension at 70 (in SEK 1,000)^a		Lifetime Pension (in SEK 1,000)^a
	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort
Men Total	51,088	40,368	20.0	21.0	192.2	197.6	3,173.5	3,589.2
	(100)	(100)
Men by Education
Primary	34,757	25,486	19.5	20.2	168.5	169.3	2,705.7	2,992.8
	(68)	(63)
Secondary	13,086	11,328	20.8	21.7	222.3	221.0	3,795.6	4,128.6
	(26)	(28)
Tertiary	3,245	3,554	22.1	23.6	311.4	311.9	5,650.4	6,138.8
	(6)	(9)
Men by Earnings
Lowest	10,218	8,074	17.5	18.6	105.8	113.6	1,606.6	1,913.6
	(20)	(20)
Second	10,217	8,073	19.3	20.2	158.4	161.4	2,465.2	2,802.0
	(20)	(20)
Third	10,218	8,074	20.2	21.0	178.0	178.6	2,932.9	3,273.3
	(20)	(20)
Fourth	10,217	8,073	20.9	21.8	204.6	209.8	3,507.8	3,930.9
	(20)	(20)
Highest	10,218	8,074	22.0	23.2	298.3	309.6	5,334.9	6,014.1
	(20)	(20)
Women Total	52,624	41,706	24.5	25.1	109.4	118.8	2,405.8	2,725.6
	(100)	(100)
Women by Education
Primary	41,128	31,049	24.2	24.7	99.8	107.3	2,178.0	2,443.5
	(78)	(74)
Secondary	9,363	8,300	25.3	26.0	131.6	136.6	2,925.3	3,169.1
	(18)	(20)
Tertiary	2,133	2,357	27.1	27.3	192.8	203.3	4,503.0	4,888.5
	(4)	(6)
Women by Earnings
Lowest	10,525	8,341	24.6	24.9	65.6	63.5	1,481.0	1,621.4
	(20)	(20)
Second	10,525	8,341	23.2	23.8	72.2	79.6	1,618.6	1,871.8
	(20)	(20)
Third	10,524	8,341	24.7	25.6	93.2	109.0	2,117.8	2,526.0
	(20)	(20)
Fourth	10,525	8,341	24.7	25.2	127.9	141.0	2,761.8	3,134.1
	(20%)	(20)
Highest	10,525	8,342	25.4	26.1	185.9	198.0	4,044.4	4,475.2
	(20)	(20)

	Number		LE₆₀ (years)		Mean Pension at 70 (in SEK 1,000)^a		Lifetime Pension (in SEK 1,000)^a
	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort	1920 Cohort	1925 Cohort
Men Total	51,088	40,368	20.0	21.0	192.2	197.6	3,173.5	3,589.2
	(100)	(100)
Men by Education
Primary	34,757	25,486	19.5	20.2	168.5	169.3	2,705.7	2,992.8
	(68)	(63)
Secondary	13,086	11,328	20.8	21.7	222.3	221.0	3,795.6	4,128.6
	(26)	(28)
Tertiary	3,245	3,554	22.1	23.6	311.4	311.9	5,650.4	6,138.8
	(6)	(9)
Men by Earnings
Lowest	10,218	8,074	17.5	18.6	105.8	113.6	1,606.6	1,913.6
	(20)	(20)
Second	10,217	8,073	19.3	20.2	158.4	161.4	2,465.2	2,802.0
	(20)	(20)
Third	10,218	8,074	20.2	21.0	178.0	178.6	2,932.9	3,273.3
	(20)	(20)
Fourth	10,217	8,073	20.9	21.8	204.6	209.8	3,507.8	3,930.9
	(20)	(20)
Highest	10,218	8,074	22.0	23.2	298.3	309.6	5,334.9	6,014.1
	(20)	(20)
Women Total	52,624	41,706	24.5	25.1	109.4	118.8	2,405.8	2,725.6
	(100)	(100)
Women by Education
Primary	41,128	31,049	24.2	24.7	99.8	107.3	2,178.0	2,443.5
	(78)	(74)
Secondary	9,363	8,300	25.3	26.0	131.6	136.6	2,925.3	3,169.1
	(18)	(20)
Tertiary	2,133	2,357	27.1	27.3	192.8	203.3	4,503.0	4,888.5
	(4)	(6)
Women by Earnings
Lowest	10,525	8,341	24.6	24.9	65.6	63.5	1,481.0	1,621.4
	(20)	(20)
Second	10,525	8,341	23.2	23.8	72.2	79.6	1,618.6	1,871.8
	(20)	(20)
Third	10,524	8,341	24.7	25.6	93.2	109.0	2,117.8	2,526.0
	(20)	(20)
Fourth	10,525	8,341	24.7	25.2	127.9	141.0	2,761.8	3,134.1
	(20%)	(20)
Highest	10,525	8,342	25.4	26.1	185.9	198.0	4,044.4	4,475.2
	(20)	(20)

Note: See summary statistics for the earnings variable in Table A4.

Source: Authors' calculation based on linked administrative data from Statistics Sweden.

^a We adjusted inflation to the 2018 level when computing the average pension at age 70 and lifetime pensions. SEK 1,000 ≈ US$125.

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