Defined benefit frozen retirement plans: Selected attributes Standard Errors

Table 6. Standard errors for defined benefit frozen retirement plans:1
Selected attributes, civilian workers,2 National Compensation Survey,
March 2009

Characteristics

Time since plan closed to new workers or
stopped accruing benefits

1 year

2 to 5 years

Greater than
5 years

All workers

0.8

2.2

2.3

Worker characteristics

     

Management, professional, and related

1.4

2.5

2.5

    Management, business, and financial

2.0

3.7

3.2

    Professional and related

1.3

2.6

2.8

        Teachers

1.3

1.3

            Primary, secondary, and special education
             school teachers

1.3

1.3

        Registered nurses

7.4

7.5

    Protective service

3.8

    Office and administrative support

1.7

5.1

5.6

    Installation, maintenance, and repair

0.3

4.1

4.1

Full time

0.9

2.2

2.2

Part time

5.7

5.7

Nonunion

1.2

2.4

2.4

Wage percentiles:3

     

    Lowest 10 percent

15.4

    Lowest 25 percent

0.5

11.4

11.6

    Second 25 percent

1.7

2.8

3.0

    Highest 25 percent

1.2

2.6

2.5

    Highest 10 percent

1.7

3.2

3.2

Establishment characteristics

     

Service-providing industries

0.9

2.4

2.5

    Education and health services

0.4

4.0

4.0

            Elementary and secondary schools

0.6

0.6

        Health care and social assistance

1.1

10.5

10.9

            Hospitals

6.8

    Public administration

4.3

1 to 99 workers

0.8

4.6

4.7

    1 to 49 workers

6.7

    50 to 99 workers

6.7

6.7

100 workers or more:
   100 to 499 workers

1.9

5.0

5.4

Geographic areas

     

New England

7.3

South Atlantic

5.3

East South Central

8.4

Mountain

17.4

Pacific

7.7

Footnotes:

1Plans closed to new workers or plans that cease accruals for some or all plan participants.

2Includes workers in the private nonfarm economy except those in private households, and workers in the
public sector, except the federal government. See Technical Note for further explanation.

3The percentile groupings are based on the average wage for each occupation surveyed, which may
include workers both above and below the threshold. The percentile values are based on the estimates
published in the "National Compensation Survey: Occupational Earnings in the United States, 2008." See
Technical Note for more details.

NOTE: Dash indicates no workers in this category or data did not meet publication criteria. For definitions of
major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at
www.bls.gov/ncs/ebs/glossary20082009.htm.