New Study Shows Gay/Lesbian Couples face Significant Disadvantages in Retirement

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. "The findings show that, in particular, female same-sex couples have far less retirement income than different-sex married couples," says study author Naomi Goldberg. Full Story from Reuters: http://www.reuters.com/article/pressRelease/idUS184944+23-Oct-2009+PRN20091023

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