Standard Errors
Life insurance plans: Method of benefit payment

Table 19. Standard errors for life insurance plans: Method of benefit payment, civilian
workers,1 National Compensation Survey, March 2011

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

0.7

0.2

0.7

0.2

0.1

Worker characteristics

          

Management, professional, and related

1.1

0.3

1.0

0.2

0.2

    Management, business, and financial

1.1

0.3

1.1

0.3

0.5

    Professional and related

1.3

0.3

1.3

0.3

0.2

        Teachers

1.9

0.5

1.9

0.8

0.1

            Primary, secondary, and special education
             school teachers

2.1

0.4

2.2

1.1

0.2

        Registered nurses

3.1

0.6

3.1

–

–

Service

1.7

0.3

1.9

0.6

0.2

    Protective service

2.9

0.6

3.2

1.3

0.6

Sales and office

1.0

0.3

0.9

0.3

0.2

    Sales and related

1.6

0.6

1.4

0.4

0.3

    Office and administrative support

1.2

0.3

1.1

0.3

0.2

Natural resources, construction, and maintenance

1.5

0.2

1.5

0.6

0.3

    Construction, extraction, farming, fishing, and
     forestry

1.6

0.3

1.9

1.1

0.6

    Installation, maintenance, and repair

2.1

0.2

2.1

0.6

0.2

Production, transportation, and material moving

1.6

0.2

1.6

0.5

0.3

    Production

2.0

0.2

1.9

0.7

0.5

    Transportation and material moving

2.1

0.3

2.1

0.5

0.2

Full time

0.7

0.2

0.7

0.2

0.1

Part time

2.1

0.4

2.1

0.3

0.4

Union

1.3

0.2

1.2

0.5

0.2

Nonunion

0.9

0.2

0.8

0.2

0.2

Average wage within the following categories:2

          

    Lowest 25 percent

1.9

0.3

2.1

0.6

[3]

        Lowest 10 percent

4.6

–

5.3

1.8

–

    Second 25 percent

1.1

0.3

1.1

0.2

0.2

    Third 25 percent

1.1

0.2

1.0

0.3

0.2

    Highest 25 percent

1.0

0.3

0.9

0.3

0.2

        Highest 10 percent

1.4

0.4

1.2

0.3

0.3

Establishment characteristics

          

Goods-producing industries

1.6

0.3

1.5

0.5

0.3

Service-providing industries

0.8

0.2

0.8

0.2

0.2

    Education and health services

1.5

0.4

1.5

0.4

0.2

        Educational services

2.0

0.5

2.0

0.8

0.2

            Elementary and secondary schools

2.1

0.3

2.2

1.1

0.2

            Junior colleges, colleges, and universities

3.8

1.2

3.5

0.9

0.5

        Health care and social assistance

2.3

0.7

2.3

0.3

0.3

            Hospitals

2.0

0.7

1.9

–

–

    Public administration

2.9

0.5

2.7

0.6

0.5

1 to 99 workers

1.3

0.2

1.3

0.3

0.2

    1 to 49 workers

1.7

0.3

1.7

0.3

0.3

    50 to 99 workers

2.1

–

2.1

0.4

–

100 workers or more

0.8

0.2

0.8

0.3

0.2

    100 to 499 workers

1.3

0.2

1.3

0.3

0.3

    500 workers or more

1.1

0.4

1.0

0.4

0.2

Geographic areas

          

New England

1.7

1.1

2.1

–

–

Middle Atlantic

2.0

0.3

1.8

0.2

0.5

East North Central

1.8

0.3

1.8

0.5

[3]

West North Central

3.2

0.7

3.0

0.6

[3]

South Atlantic

1.8

0.3

1.6

0.6

0.3

East South Central

3.7

–

4.2

1.0

–

West South Central

2.4

0.2

2.4

0.4

0.4

Mountain

2.3

0.4

2.5

–

–

Pacific

1.9

0.8

1.8

–

–

1Includes 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.

2The 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.

3Less than 0.05.


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/glossary20102011.htm.