Table 1. Percent of all employees offered and participating in defined benefit pension plans, by choice of payment option provided, private industry, National Compensation Survey, 2000
Participated Offered
Percent Number Percent Number

Total

100 20,613,000 100 22,349,000

With joint and survivor annuity option

95 19,612,000 96 21,347,000

With choice of joint and survivor percents

76 15,672,000 77 17,240,000

With lump-sum option

41 8,532,000 42 9,430,000

Without lump-sum option

35 7,140,000 35 7,809,000

No choice of joint and survivor percents

18 3,753,000 18 3,912,000

With lump-sum option

2 444,000 2 462,000

Without lump-sum option

16 3,308,000 15 3,450,000

Choice of joint and survivor percents not determinable

1 187,000 1 196,000

Distribution options not determinable (1)

5 1,001,000 4 1,001,000

Total with lump-sum option available (2)

44 8,997,000 44 9,921,000

Footnotes:
(1) Includes all cases where the joint and survivor annuity data were unknown, the lump-sum data were unknown, and both the joint and survivor annuity and lump-sum data were unknown.
(2) Total with lump-sum option also included in other rows of the table.

NOTE: Because of rounding, sums of individual items may not equal totals.