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Disability benefits for employees in private pension plans
Disability benefits employees pension plans
2009/6/9
Although benefits vary, for many 20-year employees aged 55, a private pension and social security would replace about one-half of the worker's pre-disability earnings.
Surviving spouse's benefits in private pension plans
private pension plans Surviving spouse
2009/6/2
Most private pension plans offer a lifetime minimum annuity to surviving spouses of about two-fifths of a worker's accrued benefits; however, many spouses may receive a smaller share, or may not be co...
Postretirement increases under private pension plans
Postretirement increases private pension plans
2009/5/31
Forty percent of pension participation had plans providing benefit increases for retirees during 1978-81; increases were usually less than half the rise in the Consumer Price Index.
Benefit formulas in medium and large firms gave 30-year employees retiring on Jan. 1, 1984, at age 65 average monthly pensions of $385 for those who earned $15,000 during 1983.