Defined benefit frozen retirement plans: Selected attributes Standard Errors

Table 6. Standard errors for defined benefit frozen retirement plans:1
Selected attributes, State and local government workers, 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

0.3

1.6

1.7

Worker characteristics

     

Management, professional, and related

0.4

1.6

1.7

    Professional and related

0.5

1.0

1.1

        Teachers

0.9

0.9

            Primary, secondary, and special education
             school teachers

1.3

1.3

        Registered nurses

14.0

Service

2.1

    Protective service

3.7

Sales and office

3.0

    Office and administrative support

3.4

Natural resources, construction, and maintenance

0.0

Production, transportation, and material moving

1.0

Full time

0.3

1.7

1.8

Part time

0.2

Union

0.7

0.7

Nonunion

6.1

Wage percentiles:2

     

    Lowest 10 percent

8.9

    Lowest 25 percent

5.5

    Second 25 percent

2.4

    Third 25 percent

2.5

    Highest 25 percent

1.0

1.0

    Highest 10 percent

1.0

Establishment characteristics

     

Service-providing industries

0.3

1.6

1.7

    Education and health services

0.4

1.0

1.1

        Educational services

0.9

0.9

            Elementary and secondary schools

0.6

0.6

            Junior colleges, colleges, and universities

4.2

        Health care and social assistance

4.7

            Hospitals

6.2

    Public administration

4.3

1 to 99 workers

6.4

    1 to 49 workers

15.8

    50 to 99 workers

2.5

100 workers or more

0.3

1.3

1.4

    100 to 499 workers

4.1

    500 workers or more

0.9

State government

6.0

Local government

0.9

Geographic areas

     

New England

0.5

Middle Atlantic

0.6

East North Central

1.1

West North Central

0.1

South Atlantic

4.4

West South Central

13.6

Mountain

0.0

Pacific

3.7

Footnotes:

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

2The 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.