Table 5. Defined benefit retirement plans: Open, soft and hard freeze plans, civilian
workers,1 March 2016
|
| (All workers participating in defined benefit plans = 100 percent)
|
| Characteristics
|
Open plans2
|
Soft freeze3
|
Hard freeze4
|
All
participants
still accruing
benefits
|
Some
participants
still accruing
benefits
|
All workers
|
52 |
40 |
1 |
7 |
Worker characteristics
|
|
|
|
|
Management, professional, and related
|
47 |
45 |
2 |
7 |
Management, business, and financial
|
50 |
35 |
2 |
13 |
Professional and related
|
45 |
49 |
1 |
5 |
Teachers
|
41 |
58 |
– |
– |
Primary, secondary, and special education
school teachers
|
41 |
58 |
– |
– |
Registered nurses
|
56 |
30 |
– |
– |
Service
|
53 |
43 |
– |
– |
Protective service
|
46 |
53 |
– |
– |
Sales and office
|
52 |
37 |
1 |
10 |
Sales and related
|
57 |
22 |
1 |
19 |
Office and administrative support
|
51 |
40 |
1 |
8 |
Natural resources, construction, and maintenance
|
67 |
29 |
1 |
3 |
Construction, extraction, farming, fishing, and
forestry
|
76 |
22 |
– |
– |
Installation, maintenance, and repair
|
55 |
38 |
3 |
4 |
Production, transportation, and material moving
|
59 |
29 |
2 |
9 |
Production
|
48 |
33 |
3 |
15 |
Transportation and material moving
|
67 |
26 |
2 |
5 |
Full time
|
51 |
40 |
2 |
7 |
Part time
|
62 |
33 |
– |
– |
Union
|
56 |
42 |
[5] |
1 |
Nonunion
|
49 |
38 |
2 |
11 |
Average wage within the following categories:6
|
|
|
|
|
Lowest 25 percent
|
55 |
37 |
– |
– |
Lowest 10 percent
|
69 |
27 |
– |
4 |
Second 25 percent
|
55 |
36 |
1 |
8 |
Third 25 percent
|
53 |
38 |
1 |
7 |
Highest 25 percent
|
49 |
43 |
2 |
6 |
Highest 10 percent
|
46 |
44 |
– |
– |
Establishment characteristics
|
|
|
|
|
Goods-producing industries
|
55 |
29 |
3 |
13 |
Service-providing industries
|
52 |
41 |
1 |
6 |
Education and health services
|
46 |
50 |
– |
– |
Educational services
|
40 |
59 |
[5] |
1 |
Elementary and secondary schools
|
40 |
59 |
– |
– |
Junior colleges, colleges, and universities
|
39 |
60 |
1 |
1 |
Health care and social assistance
|
59 |
29 |
– |
– |
Hospitals
|
57 |
30 |
– |
– |
Public administration
|
41 |
59 |
– |
– |
1 to 99 workers
|
60 |
28 |
1 |
11 |
1 to 49 workers
|
57 |
28 |
1 |
13 |
50 to 99 workers
|
64 |
27 |
– |
– |
100 workers or more
|
50 |
43 |
2 |
6 |
100 to 499 workers
|
54 |
37 |
3 |
7 |
500 workers or more
|
48 |
45 |
1 |
6 |
Geographic areas
|
|
|
|
|
Northeast
|
50 |
41 |
1 |
8 |
New England
|
53 |
40 |
1 |
6 |
Middle Atlantic
|
49 |
41 |
1 |
9 |
South
|
53 |
41 |
1 |
5 |
South Atlantic
|
58 |
36 |
2 |
5 |
East South Central
|
43 |
53 |
– |
– |
West South Central
|
49 |
45 |
– |
– |
Midwest
|
59 |
31 |
2 |
8 |
East North Central
|
61 |
29 |
2 |
8 |
West North Central
|
54 |
36 |
– |
– |
West
|
45 |
46 |
– |
– |
Mountain
|
53 |
39 |
– |
– |
Pacific
|
42 |
49 |
– |
– |
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.
|
| 2Plans open to new participants.
|
| 3New employees are not allowed in the plan. Benefit accruals may continue for existing participants.
|
4Participants in these plans stop accruing benefits on the date the plan is frozen. The benefit the employee receives is
calculated as of the day the plan was frozen.
|
| 5Less than 0.5.
|
6Surveyed occupations are classified into wage categories based on the average wage for the occupation, which may
include workers with earnings both above and below the threshold. The categories were formed using percentile estimates
generated using wage data for March 2016.
|
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/glossary20152016.htm.
|
Source: Bureau of Labor Statistics, National Compensation Survey.
|
|
United States Department of Labor
