Saturday, October 24, 2009

Report: Same-Sex Couples Face Significant Disadvantages in Retirement

Report: Same-Sex Couples Face Significant Disadvantages in Retirement - Press Releases: PR Newswire - SunHerald.com:
"A new study released today details the inequalities faced by same-sex couples in employer-sponsored retirement plans. Without legal recognition of their relationships under federal law, the report concludes, lesbians and gay men have less retirement income and are disadvantaged in their ability to pass on savings to their families after their death.

The study, 'The Impact of Inequality for Same-Sex Partners in Employer-Sponsored Retirement Plans,' provides the first detailed demographic portrait of older same-sex couples. It was released by the Williams Institute at the UCLA School of Law with funding support from Merrill Lynch in conjunction with National Save for Retirement Week."

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