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New survey data on pension benefits
William J. Wiatrowski
Economist, Division of Occupational Pay
and Employee Benefit Levels, Bureau of Labor Statistics
Defined pension benefit plans—those that spell out benefits usually in terms of salaries and service—provide widely varying benefit to retirees and their survivors. This article examines workers' replacement rates—the percentage of the final year's salary provided by a pension payment.
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Evolution of employer-provided defined benefit pensions. December 1991.
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