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TABLE C1

Number of Private Pension Lump Sum Recipients Ages 40 and Over and Median and Mean Lump Sum Amounts
by selected demographic characteristics

(recipients in thousands)
Item Total Men Women
Number of Lump Sum Recipients Median Lump Sum Amount (in 1994 dollars) Mean Lump Sum Amount (in 1994 dollars) Number of Lump Sum Recipients Median Lump Sum Amount (in 1994 dollars) Mean Lump Sum Amount (in 1994 dollars) Number of Lump Sum Recipients Median Lump Sum Amount (in 1994 dollars) Mean Lump Sum Amount (in 1994 dollars)

NUMBER OF RECIPIENTS          

9,102

$7,711

$22,309

4,897

$11,373

$29,587

4,205

$5,005

$14,573

RACE
White 8,350 8,200 22,926 4,578 12,000 30,337 3,773 5,145 14,808
Black 584 4,572 13,709 228 5,598 18,127 356 4,335 10,696
All other races 168 8,020 21,985 91 9,639 24,103 76 5,000 19,616

EDUCATION LEVEL
Less than 12 full years 972 5,324 14,574 590 5,715 17,553 382 3,680 9,879
High school graduate 2,951 6,576 19,052 1,329 10,905 26,086 1,621 4,438 13,984
Some college-less than bachelor's degree 2,753 7,500 21,220 1,358 12,048 28,807 1,395 5,000 14,125
Bachelor's degree 1,635 10,103 27,872 1,105 13,885 34,986 530 5,752 15,398
Master's degree or higher 790 14,297 36,875 514 18,103 44,168 276 8,218 24,716

AGE
40-54 4,942 5,000 14,376 2,490 7,202 18,296 2,452 3,626 10,746
55-59 1,005 9,145 21,162 549 13,833 26,683 456 5,152 14,859
60-64 941 18,103 35,309 547 24,993 46,099 394 9,166 22,240
65-69 1,003 23,223 41,745 584 36,980 56,584 419 10,500 22,976
70-74 644 18,444 39,192 386 25,759 48,451 258 12,000 26,102
75-79 366 13,253 37,561 226 14,458 44,811 140 12,385 25,707
80 and older 201 5,752 17,002 115 7,396 20,533 87 5,752 11,197

NOTE: Responses to the survey question on lump sum amounts were topcoded at $100,000.

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

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