Life insurance plans: Fixed multiple of annual earnings benefit formulas

Table 19. Life insurance plans: Fixed multiple of annual earnings benefit formulas, State and local
government workers, March 2018
(All workers with fixed multiple of annual earnings formula life insurance coverage = 100 percent)
Characteristics Multiple of annual earnings amounts1 Mean
multiple of
annual
earnings
Median
multiple of
annual
earnings
Less than
1.0 times
earnings
1.0 times
earnings
Over 1.0
and under
2.0 times
earnings
2.0 times
earnings
Greater
than 2.0
times
earnings
All workers
50
20
24
6
1.5
1.1
Worker characteristics
             
Management, professional, and related
48
23
23
6
1.5
1.3
    Professional and related
49
23
22
6
1.5
1.3
        Teachers
46
25
21
8
1.5
1.3
            Primary, secondary, and special education
             school teachers
48
28
19
5
1.5
1.3
Service
52
18
20
9
1.5
1.0
    Protective service
52
24
1.6
Sales and office
51
19
27
3
1.4
    Office and administrative support
51
19
27
3
1.4
Natural resources, construction, and maintenance
55
11
32
1.4
1.0
Production, transportation, and material moving
49
28
1.4
1.3
Full time
50
20
24
6
1.5
1.1
Part time
48
20
29
1.5
Union
50
28
15
8
1.5
1.1
Nonunion
50
14
32
4
1.5
Average wage within the following categories:2
             
    Lowest 25 percent
54
20
23
3
1.4
1.0
        Lowest 10 percent
54
22
22
1.4
1.0
    Second 25 percent
49
20
25
5
1.5
    Third 25 percent
52
19
25
4
1.4
1.0
    Highest 25 percent
45
22
23
10
1.6
1.5
        Highest 10 percent
42
22
25
11
1.6
1.5
Establishment characteristics
             
Service-providing industries
50
21
24
6
1.5
1.1
    Education and health services
47
23
23
7
1.5
1.4
        Educational services
43
24
25
7
1.5
1.5
            Elementary and secondary schools
44
26
24
6
1.5
1.5
            Junior colleges, colleges, and universities
43
19
28
11
1.6
1.5
        Health care and social assistance
58
20
4
1.4
1.0
            Hospitals
62
17
1.4
1.0
    Public administration
55
17
22
6
1.4
1.0
1 to 99 workers
59
17
18
6
1.4
1.0
    1 to 49 workers
65
1.4
1.0
    50 to 99 workers
56
22
1.4
1.0
100 workers or more
48
21
25
6
1.5
1.3
    100 to 499 workers
41
27
28
5
1.5
1.5
    500 workers or more
51
19
24
6
1.5
1.0
State government
52
21
19
8
1.4
1.0
Local government
49
20
26
5
1.5
1.3
Geographic areas
             
Northeast
35
45
8
12
1.6
1.5
    New England
51
1.5
    Middle Atlantic
32
48
7
13
1.6
1.5
South
51
13
33
3
1.5
1.0
    South Atlantic
51
14
31
4
1.5
1.0
    East South Central
52
41
1.5
    West South Central
52
30
1.5
Midwest
49
22
21
7
1.4
1.1
    East North Central
52
12
27
9
1.5
1.0
    West North Central
44
44
11
1.3
West
62
11
22
1.4
1.0
    Mountain
54
32
1.4
1.0
    Pacific
71
1.4
1.0
1Includes participants in plans in which insurance equaled a multiple of earnings plus or minus a specified amount.
2Surveyed 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 2018.

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/national-compensation-survey-glossary-of-employee-benefit-terms.htm.

Source: U.S. Bureau of Labor Statistics, National Compensation Survey.