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TABLE B8

Number and Percent of Former Private Pension Plan Participants Ages 40 and Older Receiving or Expecting to Receive Pension Benefits
by age and type of benefit
(persons in thousands)
Age Covered Under Plan of Former Employer Currently Receiving Annuity1/ Percent Currently Receiving Annuity Received Lump Sum Distribution Only Percent Who Received Lump Sum Distribution Expect to Receive Retirement Benefits Percent Expecting
to Receive Retirement Benefits
Don't Expect to Receive Retirement Benefits Percent Not Expecting to Receive Retirement Benefits

TOTAL
Total              23,431 7,194 31 7,584 32 3,255 14 5,397 23
40-54 11,310 358 3 4,834 43 2,436 22 3,683 33
55-59 2,428 522 22 890 37 427 18 588 24
60-64 2,431 1,160 48 624 26 266 11 381 16
65-69 2,691 1,790 67 571 21 72 3 257 10
70-74 2,084 1,494 72 378 18 11 1 201 10
75-79 1,365 1,024 75 173 13 18 1 150 11
80 and older 1,122 846 75 114 10 25 2 137 12
55 and older 12,121 6,837 56 2,751 23 819 7 1,714 14
65 and older 7,262 5,154 71 1,236 17 126 2 746 10

MEN
Total 13,887 4,945 36 3,825 28 2,067 15 3,050 22
40-54 6,255 244 4 2,419 39 1,519 24 2,072 33
55-59 1,516 376 25 475 31 315 21 349 23
60-64 1,513 819 54 317 21 169 11 208 14
65-69 1,712 1,251 73 270 16 38 2 153 9
70-74 1,307 995 76 198 15 3 0 111 8
75-79 881 699 79 86 10 10 1 86 10
80 and older 704 560 80 60 8 13 2 72 10
55 and older 7,632 4,701 62 1,405 18 548 7 978 13
65 and older 4,603 3,505 76 613 13 64 1 421 9

WOMEN
Total 9,544 2,249 24 3,760 39 1,188 12 2,347 25
40-54 5,055 113 2 2,414 48 917 18 1,610 32
55-59 912 146 16 415 46 112 12 239 26
60-64 918 341 37 307 33 97 11 173 19
65-69 979 539 55 302 31 34 3 104 11
70-74 778 499 64 181 23 8 1 90 12
75-79 484 325 67 87 18 8 2 65 13
80 and older 418 286 68 54 13 12 3 66 16
55 and older 4,489 2,136 48 1,345 30 271 6 737 16
65 and older 2,659 1,649 62 623 23 62 2 325 12

1/Includes some persons who also received lump sum distribution.

SOURCE: Retiree Pension and Health Benefits Supplement to the September 1994 Current Population Survey.

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