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TABLE B5

Pension Receipt Status of Retired Private Sector Workers Ages 55 and Older
by pre-retirement earnings and size of firm
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

PRE-RETIREMENT ANNUAL EARNINGS (in 1994 dollars)
Under $10,000         1,388         100         12 0 6 5         1                 88
10,000-14,999 1,254 100 23 2 9 10 2 77
15,000-19,999 1,186 100 36 4 17 13 2 64
20,000-24,999 1,055 100 42 4 24 13 2 58
25,000-29,999 902 100 49 6 27 13 3 51
30,000-39,999 1,375 100 58 11 35 10 2 42
40,000-49,999 846 100 68 17 36 12 3 32
50,000 or more 1,722 100 66 16 38 11 1 34
Don't know or no response 7,677 100 42 6 30 5 1 58

SIZE OF FIRM
Less than 25 4,146 100 11 1 4 5 1 89
25-99 1,887 100 27 2 14 10 1 73
100-249 1,345 100 40 5 22 12 2 61
250-499 992 100 48 5 28 11 4 52
500-999 918 100 47 6 30 10 1 53
1,000 or more 6,862 100 68 13 44 9 2 32
Don't know or no response 1,255 100 37 4 25 5 2 64

1/Retirees are defined as persons who have withdrawn from the labor force and who formerly worked for the same employer for a period of five years or more or who have received, currently receive, or expect to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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