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Employee Benefits in the United States in March 2008
added: 2008-08-08

Two-thirds of private industry and State and local government workers (defined in this survey as civilian workers) had access to retirement benefits and nearly three-quarters to medical care in March 2008, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Access and participation in retirement and medical care benefits were greater in State and local government than in private industry. The data are from the National Compensation Survey (NCS), which provides comprehensive measures of occupational earnings, compensation cost trends, and incidence and provisions of employee benefit plans. For the first time, this release includes data on benefits for civilian workers. Farm and private household workers, the self-employed, and the Federal government are excluded from the survey.

The following are some of the major findings:

* Sixty-one percent of private industry employees had access to paid retirement benefits, compared with 89 percent of State and local government employees. Eighty-six percent of government employees participated in a retirement plan, significantly greater than the approximately half of private industry workers.

* Medical care benefits were available to 71 percent of private industry workers, compared with 87 percent among government workers. About half of private industry workers participated in a plan, less than the nearly three-quarters of government workers.

* Virtually all full-time employees in State and local government had access to retirement and medical benefits: 99 and 98 percent, respectively. In private industry, only 71 percent of full-time workers had access to retirement benefits and 85 percent to medical care.

* Employers paid 83 percent of the cost of premiums for single coverage and 71 percent of the cost for family coverage for workers participating in employer sponsored medical plans. Employer share for single coverage was greater in State and local government (90 percent) than in private industry (81 percent). For family coverage, the employer share of premiums was similar for private industry and government, 71 and 73 percent, respectively.

Incidence of employee benefits varied by employer and employee characteristics; patterns varied between private industry and State and local government. For example, while access to employee benefits showed substantial variation by full- and part-time status in all establishments, the differences, except for holidays and vacations, were greater in State and local government than in private industry, where occupational group and establishment size played a greater role. Service occupations in private industry had significantly lower rates of access to major benefits than workers in management, professional, and related occupations, whereas in State and local government the differences between these two groups were not as large.

Access to paid holidays and paid vacations was greater in private industry, due in part to the fact that many teachers and other employees in educational services who are employed on the basis of 9-month contracts do not receive formal paid holidays or vacation benefits.


Source: U.S. Department of Labor

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