Subscribe to the Employee Benefits in the United States
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Standard Errors Life insurance plans: Method of benefit payment
Table 19. Standard errors for life insurance plans: Method of benefit payment, civilian workers,1 National Compensation Survey, March 2011
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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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Management, business, and financial
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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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Construction, extraction, farming, fishing, and forestry
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Installation, maintenance, and repair
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Production, transportation, and material moving
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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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Goods-producing industries
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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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1Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government. See Technical Note for further explanation.
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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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3Less than 0.05.
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NOTE: 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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