Life insurance plans: Method of benefit payment

Table 18. Life insurance plans: Method of benefit payment, State and local government
workers, National Compensation Survey, March 2012

(All workers with basic life insurance coverage = 100 percent)

Characteristics

Basic life insurance method of payment

Fixed
multiple of
annual
earnings

Variable
multiple of
annual
earnings

Flat dollar
amount

Variable
dollar
amount

Other

All workers

37

2

53

6

2

Worker characteristics

         

Management, professional, and related

36

2

55

6

2

    Professional and related

36

2

55

6

1

        Teachers

33

1

59

7

1

            Primary, secondary, and special education
             school teachers

30

1

62

7

1

Service

39

2

51

7

1

    Protective service

38

3

51

6

1

Sales and office

39

2

51

7

2

    Office and administrative support

39

2

51

6

2

Natural resources, construction, and maintenance

40

52

4

Production, transportation, and material moving

36

2

50

Full time

38

2

53

6

1

Part time

30

62

5

Union

33

2

57

8

1

Nonunion

42

2

50

4

2

Average wage within the following categories:1

         

    Lowest 25 percent

38

1

55

5

2

        Lowest 10 percent

45

49

3

    Second 25 percent

40

1

50

6

2

    Third 25 percent

39

2

49

8

2

    Highest 25 percent

33

2

58

6

1

        Highest 10 percent

36

2

57

5

1

Establishment characteristics

         

Service-providing industries

37

2

53

6

1

    Education and health services

37

1

55

6

1

        Educational services

35

1

56

6

1

            Elementary and secondary schools

30

1

61

6

1

            Junior colleges, colleges, and universities

50

40

5

        Healthcare and social assistance

51

45

            Hospitals

49

47

    Public administration

36

3

53

7

2

1 to 99 workers

33

58

5

    1 to 49 workers

33

54

5

    50 to 99 workers

33

63

100 workers or more

38

2

53

7

1

    100 to 499 workers

38

56

4

    500 workers or more

38

2

52

7

1

State government

42

2

47

5

4

Local government

35

2

56

7

1

Geographic areas

         

New England

24

64

Middle Atlantic

38

46

14

East North Central

45

49

5

West North Central

47

46

5

South Atlantic

53

2

33

7

5

East South Central

51

West South Central

19

78

2

Mountain

35

61

Pacific

14

78

4

1The categories are based on the average wage for each
occupation surveyed, which may include workers with earnings
both above and below the threshold. The average wages are
based on the estimates published in the "National
Compensation Survey: Occupational Earnings in the United
States, 2010." See Technical Note for more details.


NOTE: Because of rounding, sums of individual items may not
equal totals. 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/glossary20112012.htm.