The Geneva Papers on Risk and Insurance Issues and Practice

TABLE 6

FROM:

The Impact of Occupation and Gender on Pensions from Defined Contribution Plans

David Blake, Andrew Cairns and Kevin Dowd

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Table 6. Female career and salary profiles: parameters and key features

Occupation k 1 k 2 Relative career average salary Peak salary age
All-0.37210.63931.18642.79
     
Manual-0.21470.34751.10742.55
Non-manual-0.29660.61441.14843.45
     
Managerial-0.61720.75081.30941.19
Professional-0.05760.36141.02945.60
Clerical-0.17640.39891.08843.72
Technical-0.36100.47201.18041.57
Craft-0.67280.49171.33637.54
Personal-0.26800.39231.13442.11
Sales-0.27980.32021.14040.84
Plant operatives-0.20770.25271.10441.19
Others-0.31520.23661.15837.79

  Note: k 1 and k 2 are the slope and curvature parameters of the CSP and are explained in detail in Appendix B.

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