Economic News Release

Table 11. Percent of full-time employees participating in defined benefit retirement plans by selected plan features




Table 11.  Percent of full-time employees
participating in defined benefit retirement plans
by selected plan features, small private
establishments, 1996
                                                   
                                                   
                                       Percent of  
          Selected feature            participants 
                                                   
                                                                                                      
                                                   
Benefit based on:                                  
  Earnings and service..............        63     
  Dollar amount per year of service.        29     
                                                   
Minimum age requirement:(1)                        
  60................................         7     
  62................................        22     
  65................................        53     
                                                   
Common service requirements(1) for                 
   selected retirement ages:                       
  Age 62 - No service requirement...         8     
  Age 62 - 5 years service..........         6     
  Age 62 - 10 years service.........         4     
  Age 65 - No service requirement...        28     
  Age 65 - 5 years service..........        18     
                                                   
  Early retirement available(2).....        92     


  1 For an unreduced retirement benefit.
  2 Retirement benefit is reduced.

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