Retirement benefit provisions in private industry, 2017

Additional estimates of detailed benefit provisions in private industry in 2017 are accessible from the National Compensation Survey Benefits database, available at www.bls.gov/ncs/ebs/data.htm.

Defined benefit plans

Availability and eligibility requirements for open plans

Primary formula

Availability of selected benefit features

Traditional defined benefit plans

Terminal earnings formulas

Selected normal retirement age and service requirements

Availability of early retirement with selected requirements

Defined contribution plans

Type of plan

Savings and thrift plans

Availability of selected benefit features

Availability of automatic enrollment and method of default contribution

Vesting requirements

Availability of rollovers, withdrawals, and loans

Methods of retirement benefits distribution

 

Last Modified Date: May 15, 2018