Alert
Close

Last chance! Play brain games for a chance to win $25,000. Enter the Brain Health Sweepstakes

AARP Membership: Just $16 a Year

Highlights

Open

Grocery Coupon Center

Powered by Coupons.com. Access to grocery coupons

Bad consumer experience?

Submit a complaint to AARP's consumer advocate

Geek Squad

Exclusive offers for members

Technical Icon

Spanish Preferred?

Visit aarp.org/espanol

Start a Business

Find the resources you need to start
or grow your own business

today's
news

work
PROGRAMS

Best Employers for Workers Over 50

See the latest winners of this AARP recognition program.

National Employer Team

See which companies value older workers.

Employer Resource Center

Attract and retain top talent in a changing workforce.

most popular
ARTICLES

Viewed

Recommended

Commented

Asian Americans and Social Security

Low-wage careers, long life spans make retirement benefits particularly important

  • Text
  • Print
  • Comments
  • Recommend

Work in low-wage jobs and longer than usual life spans have caused many older Asian Americans, particularly Southeast Asian refugees, to rely heavily on Social Security income to meet their needs in retirement, according to a new report.

About one in seven older Asian Americans lives in poverty, and if not for Social Security, that number would climb to one in three, the report by the Insight Center for Community Economic Development, concluded.

Among Asian Americans receiving Social Security, more than one in four married couples (29 percent) and more than one in two single people (60 percent) depend on it for virtually all their income, the report found. The annual median income for older Asian American households was $16,757, less than the median $26,177 for older white households.

Titled "Asian Americans, Pacific Islanders and Social Security: A Primer,” the report is also available in Korean, Chinese and Vietnamese.

The report is the second of three commissioned by AARP to study Social Security’s impact on minority groups. The first focuses on African Americans, and the third, still pending, will examine Hispanics.

This latest study offers a snapshot of how critical a role Social Security has taken on for elderly Asian Americans as well as Pacific Islanders, many of whom are from Hawaii.

Social Security and its annual cost-of-living adjustments are particularly important to Asian American beneficiaries, the study said, because their life expectancies are generally longer than those of Americans as a whole.

According to the Social Security Administration, Asian American and Pacific Islander men who were age 65 in 2010 were expected to live on average to age 85; women's life expectancy is 88. That's three years longer than predicted for all men and women in the United States.

For older Asian American women, Social Security income kept 17 percent out of poverty. Still, their poverty rate of 13 percent exceeded the 10 percent rate for older white women, the report found.

Income gap >>

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

You must be signed in to comment.

Sign In | Register

More comments »

Your Work

Jobs You Might Like

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Members get exclusive savings on HP commercial technology and free US ground shipping.

UPS

Members get 15% off eligible products/services. 5% off UPS shipping at The UPS Store®.

Mature woman lounging on armchair using a laptop

Members enjoy exclusive savings on dining, travel, tech & more at AARPdiscounts.com.

Member Benefits

Members receive exclusive member benefits & affect social change. Renew Today

Being Social

Featured
Groups

watercooler

The Water Cooler

Expand your job network, find new leads and share tips for getting ahead. Discuss

entrepreneurs

Entrepreneurs

Find the start-up resources and advice you need to be your own boss. Discuss

Employment Networking Group

Networking

Connect with others who are seeking employment. Join