Table 1. Retirement benefits: Access, participation, and take-up rates

Table 1. Retirement benefits(1): Access, participation, and take-up rates, March 2024 [All workers = 100 percent]
Characteristics	Civilian(2)			Private industry			State and local government
Characteristics	Access	Participation	Take-up rate(3)	Access	Participation	Take-up rate(3)	Access	Participation	Take-up rate(3)
All workers	75	57	76	72	53	73	92	82	89

Worker characteristics
Management, professional, and related occupations	87	75	86	86	73	85	94	83	89
Management, business, and financial occupations	90	78	87	89	77	87	-	-	-
Professional and related occupations	86	74	86	84	71	85	93	82	88
Teachers	84	73	87	-	-	-	94	84	90
Primary, secondary, and special education school teachers	93	81	87	-	-	-	99	90	90
Registered nurses	91	81	89	-	-	-	-	-	-
Service occupations	52	34	65	47	27	58	85	76	90
Protective service occupations	-	-	-	-	-	-	93	85	92
Sales and office occupations	77	54	69	76	51	67	92	83	91
Sales and related occupations	76	43	57	76	43	57	-	-	-
Office and administrative support occupations	79	61	77	77	57	75	92	83	91
Natural resources, construction, and maintenance occupations	75	56	75	73	53	73	98	92	94
Construction, extraction, farming, fishing, and forestry occupations	72	54	75	70	51	72	-	-	-
Installation, maintenance, and repair occupations	77	58	75	75	55	73	-	-	-
Production, transportation, and material moving occupations	76	55	72	76	54	71	91	85	93
Production occupations	75	58	78	75	58	77	-	-	-
Transportation and material moving occupations	77	52	68	77	51	67	-	-	-

Full time	83	66	80	80	62	78	99	89	90
Part time	47	25	53	47	24	51	43	37	86

Union	95	84	89	92	82	89	97	86	89
Nonunion	72	53	73	70	50	72	87	78	90

Average wage within the following categories:(4)
Lowest 25 percent	54	29	55	52	27	51	78	69	88
Lowest 10 percent	-	-	-	-	-	-	70	61	87
Second 25 percent	74	53	72	72	49	69	94	85	90
Third 25 percent	84	69	82	81	64	79	98	88	90
Highest 25 percent	92	81	88	90	79	88	97	87	90
Highest 10 percent	94	84	89	93	83	89	96	85	88

Establishment characteristics
Goods-producing industries	81	64	79	80	64	79	-	-	-
Service-providing industries	74	56	75	71	51	72	91	82	89
Education and health services	80	67	84	74	61	82	93	82	88
Educational services	87	77	88	70	60	86	93	82	89
Elementary and secondary schools	92	82	89	-	-	-	93	83	90
Junior colleges, colleges, universities, and professional schools	91	79	87	88	78	89	92	79	86
Health care and social assistance	76	62	81	75	61	81	92	77	84
Hospitals	95	86	91	96	88	93	92	75	81
Public administration	92	84	92	-	-	-	92	84	92

1 to 99 workers	60	42	71	58	40	69	87	81	92
1 to 49 workers	56	40	72	55	38	70	85	79	92
50 to 99 workers	72	49	69	70	45	65	89	82	92
100 workers or more	90	72	80	89	69	77	93	82	89
100 to 499 workers	88	64	73	88	61	70	92	83	91
500 workers or more	91	79	87	90	78	86	93	82	88

Geographic areas
Northeast	76	62	82	73	59	81	91	81	89
New England	76	62	81	74	60	81	87	75	86
Middle Atlantic	75	62	82	73	59	81	93	83	90
South	75	54	73	71	49	69	94	84	90
South Atlantic	77	54	70	74	50	67	91	80	87
East South Central	74	54	72	70	48	68	94	84	89
West South Central	71	55	77	67	49	73	97	90	93
Midwest	77	59	76	75	56	75	90	79	88
East North Central	76	58	76	75	56	75	89	77	87
West North Central	77	59	77	75	55	74	92	83	90
West	73	55	76	70	51	73	90	82	91
Mountain	72	51	71	69	47	67	89	83	93
Pacific	74	57	78	71	54	76	90	81	90
Footnotes (1) Includes defined benefit pension plans and defined contribution retirement plans. Workers are considered as having access or as participating if they have access to or are participating in at least one of these plan types. (2) Includes workers in private industry and state and local government. See the Handbook of Methods: National Compensation Measures at www.bls.gov/opub/hom/ncs/home.htm for further explanation. (3) The take-up rate is calculated from the unrounded percentage of workers with access to a plan and who participate in the plan. (4) Surveyed 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 data from the National Compensation Survey publication, Employer Costs for Employee Compensation.
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/ebs/publications/national-compensation-survey-glossary-of-employee-benefit-terms.htm. SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey.

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Last Modified Date: September 19, 2024