Subscribe to the Employee Benefits in the United States
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Life insurance plans: Method of benefit payment
Table 19. Life insurance plans: Method of benefit payment, State and local government workers, National Compensation Survey, March 2011
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(All workers with basic life insurance coverage = 100 percent)
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Characteristics
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Basic life insurance method of payment
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Fixed multiple of annual earnings
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Variable multiple of annual earnings
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Flat dollar amount
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Variable dollar amount
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Other
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Management, professional, and related
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Primary, secondary, and special education school teachers
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Office and administrative support
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Natural resources, construction, and maintenance
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Production, transportation, and material moving
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Average wage within the following categories:2
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Establishment characteristics
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Service-providing industries
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Education and health services
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Elementary and secondary schools
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Junior colleges, colleges, and universities
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Health care and social assistance
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1Less than 0.5 percent.
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2The categories are based on the average wage for each occupation surveyed, which may include workers with earnings both above and below the threshold. The average wages are based on the estimates published in the "National Compensation Survey: Occupational Earnings in the United States, 2010." See Technical Note for more details.
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NOTE: Because of rounding, sums of individual items may not equal totals. 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/ncs/ebs/glossary20102011.htm.
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