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TABLE D2

Number of Private Pension Annuity Recipients and Average Annual Pension Benefit
by selected economic characteristics
(recipients in thousands)
Item Total Men Women
Number of Pension Recipients Median Benefit Amount Mean Benefit Amount Number of Pension Recipients Median Benefit Amount Mean Benefit Amount Number of Pension Recipients Median Benefit Amount Mean Benefit Amount

TOTAL            

7,194

$6,000

$9,714

4,945

$7,800

$11,784

2,249

$3,000

$5,230

YEAR OF INITIAL BENEFIT RECEIPT
Prior to 1975 521 3,492 5,805 363 3,744 6,808 158 1,416 3,092
1975-79 805 4,080 7,756 558 5,580 9,992 247 1,764 2,896
1980-84 1,451 5,100 7,836 1,002 6,756 9,337 449 3,036 4,824
1985-89 1,955 6,720 9,759 1,375 9,072 11,478 580 3,060 5,528
1990-92 1,374 8,100 12,865 899 10,800 16,350 475 4,212 6,584
1993-941/ 791 8,760 12,781 548 9,780 15,568 243 4,800 6,820
Don't know or no response 297 3,468 7,112 199 4,800 9,603 98 588 1,108

PRE-RETIREMENT ANNUAL EARNINGS (IN 1994 DOLLARS)
Under $10,000 103 1,308 2,760 22 2/ 2/ 81 1,116 1,930
10,000-14,999 159 1,608 2,926 42 2/ 2/ 116 1,440 2,523
15,000-19,999 312 2,616 3,914 104 3,240 5,380 209 2,040 3,156
20,000-24,999 370 3,000 5,411 162 3,828 7,133 208 2,400 4,088
25,000-29,999 391 4,800 7,740 231 5,304 8,416 160 4,224 6,746
30,000-39,999 813 7,800 9,670 583 8,400 10,235 230 6,612 8,243
40,000-49,999 553 8,400 10,767 479 8,400 10,966 74 2/ 2/
50,000 or more 1,250 12,000 17,062 1,100 12,984 18,106 151 7,032 9,506
Don't know or no response 3,243 4,488 7,746 2,223 5,760 9,454 1,020 2,088 4,204

SIZE OF FIRM
Less than 25 289 3,900 5,953 193 4,800 6,970 96 2,820 3,938
25-99 362 3,600 7,499 227 4,680 9,835 135 1,584 3,285
100-249 459 2,880 5,542 285 4,800 6,725 173 1,380 3,709
250-499 388 3,780 7,525 255 4,752 9,555 133 2,688 3,810
500-999 422 3,600 8,189 277 6,000 10,392 145 1,704 3,443
1,000 or more 4,828 7,200 11,001 3,420 9,288 13,010 1,408 4,032 6,211
Don't know or no response 448 3,600 6,730 289 6,000 9,356 159 1,308 2,764

AGE OF INITIAL BENEFIT RECEIPT
30-49 290 8,400 9,260 207 9,780 10,564 83 3,768 6,699
50-54 410 10,200 14,144 299 12,000 15,651 110 8,100 8,907
55-59 1,486 7,200 10,967 1,047 9,600 13,241 440 3,636 5,958
60-64 2,841 6,000 10,186 1,987 8,004 12,504 854 3,228 4,890
65 and older 1,847 4,320 7,208 1,191 6,000 8,639 655 2,340 4,633
Don't know or no response 321 3,132 6,658 214 4,800 8,680 107 588 1,097

LENGTH OF SERVICE
Less than 10 403 1,476 6,108 207 2,124 8,911 196 924 3,237
10-14 703 2,400 5,319 395 2,880 6,916 308 1,848 3,340
15-19 843 3,180 5,484 451 4,500 7,200 392 2,400 3,537
20-24 1,069 4,800 7,544 624 6,000 9,298 445 3,600 5,146
25 or more 3,829 9,120 12,758 3,037 9,876 14,062 791 5,496 7,712
Don't know or no response 347 2,424 5,043 231 3,960 6,660 116 1,200 2,118

TYPE OF PLAN
Defined benefit 4,748 6,300 10,204 3,358 8,316 12,066 1,389 3,300 5,624
Defined contribution 1,612 4,800 8,851 1,033 7,140 11,454 579 2,640 4,618
Don't know or no response 835 4,800 8,198 554 5,400 10,313 281 2,688 4,457

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

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

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

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