![](https://webarchive.library.unt.edu/eot2008/20090117032907im_/http://i.infoplease.com/images/clearpix.gif) |
Workers with Access to and Participating in Retirement Benefits, 2005 | All retirement plans | Defined benefit1 | Defined Contribution2 |
---|
| Access | Participation | Access | Participation | Access | Participation |
---|
All workers | 60% | 50% | 22% | 21% | 53% | 42% | White collar | 70 | 61 | 25 | 24 | 64 | 53 | Blue collar | 60 | 51 | 26 | 26 | 50 | 38 | Service | 32 | 22 | 7 | 7 | 28 | 18 | Bargaining status: | | | | | | | Union | 88 | 85 | 73 | 72 | 49 | 54 | Nonunion | 56 | 46 | 16 | 15 | 54 | 41 | Establishment size: | | | | | | | Less than 100 workers | 44 | 37 | 10 | 9 | 40 | 32 | 100 or more workers | 78 | 67 | 37 | 36 | 69 | 53 | Industry: | | | | | | | Goods producing | 71 | 64 | 33 | 32 | 61 | 50 | Services producing | 56 | 47 | 19 | 18 | 51 | 39 |
NOTES: Data include full-time and part-time private workers. 1. Defined benefit plans guarantee a periodic or lump-sum benefit at retirement. 2. Defined contribution plans—such as 401(k) plans—specify a formula for depositing funds into an account for each employee, but do not guarantee a future benefit. Source: U.S. Department of Labor, Bureau of Labor Statistics: Monthly Labor Review, Feb. 2006.
Information Please® Database, © 2007 Pearson Education, Inc. All rights reserved. More on Workers with Access to and Participating in Retirement Benefits 2005 from Infoplease:
|
|