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TABLE C2

Number of Private Pension Lump Sum Recipients Ages 40 and Over and Median and Mean Lump Sum Amounts by selected economic characteristics (recipients in thousands)
Item	Total			Men			Women
Item	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
YEAR WHEN RECEIVED
Prior to 1980	1,647	6,057	18,276	897	8,331	25,065	750	3,938	10,640
1980-1984	1,609	7,500	21,292	889	9,289	29,736	720	5,250	11,491
1985-1989	2,660	9,639	25,182	1,390	12,629	32,182	1,270	6,627	18,053
1990-1992	1,885	8,775	23,551	993	13,717	31,696	893	5,005	15,694
1993-1994^1/	899	8,200	23,459	470	14,475	30,904	429	5,000	15,396
Don't know or no response	401	-	-	258	-	-	143	-	-
PRE-RETIREMENT ANNUAL EARNINGS
Under $10,000	617	2,499	8,228	141	5,729	10,291	476	2,171	7,611
10,000-14,999	949	3,157	7,891	280	3,789	8,005	669	3,012	7,845
15,000-19,999	896	4,980	12,412	338	6,874	18,339	558	3,626	8,837
20,000-24,999	733	5,554	15,640	341	6,203	17,489	392	5,324	14,049
25,000-29,999	589	8,519	17,602	357	9,542	20,439	232	8,331	13,382
30,000-39,999	807	11,240	26,335	545	11,240	26,894	262	11,457	25,249
40,000-49,999	340	17,721	34,591	240	14,475	32,621	100	24,097	38,993
50,000 or more	768	32,871	46,580	602	33,149	47,178	166	27,263	44,484
Not available	3,401	10,905	29,483	2,053	17,146	38,834	1,348	6,576	16,258
SIZE OF FIRM
Less than 25	822	6,176	18,790	347	8,840	24,221	475	4,400	15,373
25-49	521	6,193	14,805	296	6,942	16,522	225	4,217	12,699
50-99	488	4,388	15,722	266	5,729	19,857	221	3,600	10,576
100-249	818	6,801	19,059	459	11,997	26,042	359	3,434	11,606
250-499	592	6,024	19,678	312	7,500	25,907	280	3,945	13,583
500-999	523	6,858	18,129	247	9,051	22,757	276	4,089	14,094
1,000 or more	3,420	7,741	21,989	1,698	11,108	29,647	1,722	5,439	15,034
Not available	1,918	14,458	33,621	1,272	20,129	41,450	646	8,840	17,917
AGE WHEN RECEIVED
30-49	4,804	6,024	16,742	2,534	8,519	21,382	2,270	3,789	11,935
50-54	691	9,145	22,718	379	13,711	31,336	312	5,340	13,692
55-59	857	21,837	40,047	481	29,106	51,072	375	10,103	26,093
60-64	1,085	24,000	42,281	639	38,555	53,843	447	15,973	27,431
65 or Older	606	18,000	37,234	367	26,622	44,424	238	13,631	25,416
Don't know or no response	1,059	2,658	6,228	497	2,156	7,931	562	2,958	5,159
TYPE OF PLAN PROVIDING BENEFIT
Defined benefit plan	2,727	7,500	24,104	1,457	10,969	31,120	1,270	5,324	16,316
Defined contribution plan	5,259	8,218	22,083	2,853	12,048	29,475	2,406	4,860	14,195
Don't know or no response	1,115	6,874	18,479	586	8,628	25,481	529	5,052	12,042
TYPE OF PAYMENT
Single lump sum	8,550	7,678	21,895	4,553	11,240	29,182	3,998	5,000	14,316
Fixed number of payments	419	8,586	31,878	256	19,439	37,286	163	5,250	21,789
Both single lump sum and fixed number of payments	132	17,255	31,700	88	17,255	36,175	44	^2/	^2/

^1/ Excludes persons retiring during the last 3-4 months of 1994.

^2/ Not shown where base is less than 75,000.

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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