Description
For all persons, INCRETIR reports the total income they received from private pensions, military retirement, other Federal government employee pensions, state or local government employee pensions, or annuities during the current calendar year. Using the reported income information, annual income amounts were then edited and imputed for every record on the full-year file. Please refer to the IPUMS user note on Income Data in MEPS for more information on the collection, editing (including top- and bottom-coding), and imputation of income variables in MEPS, as well as changes to the target population for income data collection over time. Users may also be interested in the data quality flag, QINCRETI which reports the editing methods used for INCRETIR.
If respondents needed more information about what types of income to report as retirement, pension, or annuity income, they were provided with the additional guidance: "Payments from pensions and annuities, including payments (distributions) from retirement plans, life insurance annuity contracts, profit-sharing plans, employee savings plans, disability pensions received after the tax filer has reached the minimum retirement age set by his/her employer."
Information on the IPUMS defined-universe for this variable
Users may wish to note that, while IPUMS defines the universe for this variable as all persons, certain persons were explicitly targeted to answer questions about specific income sources. In addition to the target population of persons who were asked specifically about retirement/pension income, all persons in the household were eligible to list additional income from "other" sources, which includes income from sources previously asked about in the survey (such as retirement/pension income). It is unclear if retirement/pension income reported as an "other" income source is counted in retirement/pension income or "other" income. Because all persons could technically report retirement/pension income via the "other" income questionnaire item, IPUMS staff report the universe for INCRETIR as being "All Persons." Users may also wish to note that in the original public use MEPS data files, no income variables have cases explicitly coded as out of universe; both persons who directly report earning zero dollars of income from a source and persons who are not explicitly asked about that income source have values of zero.
INCRETIR is an 8-digit numeric variable with 2 implied decimals. That is, values of 01234567 should be interpreted as 12345.67. The command files delivered with IPUMS extracts automatically divide INCRETIR by 100, so no further adjustment is needed.
999999.96: Not in Universe
999999.97: Unknown-refused
999999.98: Unknown-not ascertained
999999.99: Unknown-don't know
Comparability
While all persons could report retirement/pension income regardless of age and tax filing status if they reported it as an "other" income source, certain persons were explicitly asked questions about retirement/pension income. The persons specifically targeted to answer these questions changes over time, with an expansion of the target population beginning in 2002. For more information on how income data were collected by MEPS and changes to the target population for these questions over time, please see the IPUMS user note on Income Data in MEPS.
Beginning to 1999, persons could only report income in full dollar amounts. Prior to 1999, persons could report income in dollars and cents.
Universe
- 1996-2021: All persons.
Availability
- 1996-2021
Weights
- 1996-2021 : PERWEIGHT
