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| Pension Receipt Status
of Retired Private Sector Workers Ages 55 and Older by selected demographic characteristics |
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| Item | Total
Retirees1/ (in thousands) |
Percent Distribution | ||||||
| Total | Pension Recipients | Persons with No Pension Benefits | ||||||
| Total | Annuity and Lump Sum Recipients | Annuity Only Participants | Lump Sum Only Recipients | Persons Expecting to Receive Benefits | ||||
TOTAL |
17,405 |
100 |
43 |
7 |
27 |
8 |
2 |
57 |
GENDER |
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| Men | 8,607 | 100 | 55 | 9 | 36 | 7 | 2 | 46 |
| Women | 8,798 | 100 | 32 | 4 | 17 | 9 | 2 | 68 |
RACE |
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| White | 15,737 | 100 | 44 | 7 | 27 | 8 | 2 | 56 |
| Black | 1,403 | 100 | 31 | 4 | 18 | 6 | 3 | 69 |
| All other races | 265 | 100 | 35 | 6 | 23 | 4 | 1 | 65 |
EDUCATION LEVEL |
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| Less than 12 full years | 6,315 | 100 | 33 | 3 | 24 | 6 | 1 | 67 |
| High school graduate | 6,247 | 100 | 45 | 7 | 28 | 9 | 2 | 55 |
| Some college-less than bachelor's degree | 3,109 | 100 | 49 | 10 | 27 | 11 | 1 | 51 |
| Bachelor's degree | 1,228 | 100 | 59 | 13 | 32 | 11 | 3 | 41 |
| Masters degree or higher | 506 | 100 | 62 | 17 | 35 | 6 | 3 | 38 |
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1/Retirees are defined as persons who have withdrawn from the labor force and who formerly worked for the same employer for a period of five years or more or who have received, currently receive, or expect to receive pension benefits based on former employment. SOURCE: Retiree Pension and Health Benefits Supplement to the September 1994 Current Population Survey. |
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