Life insurance plans: Fixed multiple of earnings benefit formulas Data Table

Table 19. Life insurance plans: Fixed multiple of earnings benefit formulas, State and local
government workers, National Compensation Survey, March 2009

(All workers with fixed multiple of earnings formula life insurance coverage = 100 percent)

Characteristics

Multiple of earnings amounts1

Mean
multiple of
earnings

Median
multiple of
earnings

1.0 times
earnings

Over 1.0
and under
2.0 times
earnings

2.0 times
earnings

Greater
than 2.0
times
earnings

All workers

46

24

25

6

1.5

1.5

Worker characteristics

           

Management, professional, and related

42

26

1.5

1.5

    Professional and related

43

26

1.5

1.5

        Teachers

42

24

30

5

1.5

1.5

            Primary, secondary, and special education
             school teachers

43

25

29

2

1.5

1.5

        Registered nurses

49

19

1.5

Service

51

19

23

7

1.5

    Protective service

53

21

1.5

Sales and office

47

26

1.4

1.5

    Office and administrative support

47

27

1.4

1.5

Natural resources, construction, and maintenance

56

19

19

5

1.4

1.0

Production, transportation, and material moving

41

28

1.5

1.5

Full time

46

24

25

5

1.5

1.5

Part time

47

23

1.5

1.5

Union

56

28

10

6

1.4

1.0

Nonunion

39

35

1.6

1.5

Wage percentiles:2

           

    Lowest 10 percent

35

27

1.6

1.5

    Lowest 25 percent

46

24

28

2

1.5

1.5

    Second 25 percent

47

25

1.4

1.5

    Third 25 percent

51

20

1.4

    Highest 25 percent

39

27

24

9

1.6

1.5

    Highest 10 percent

35

26

1.6

1.5

Establishment characteristics

           

Service-providing industries

46

24

25

6

1.5

1.5

    Education and health services

43

29

1.5

1.5

        Educational services

40

33

1.5

1.5

            Elementary and secondary schools

40

25

32

2

1.5

1.5

            Junior colleges, colleges, and universities

40

34

1.6

        Health care and social assistance

56

19

1.5

            Hospitals

63

13

1.5

1.0

    Public administration

53

24

17

6

1.4

1.0

1 to 99 workers

47

35

15

4

1.4

    1 to 49 workers

39

33

1.5

1.5

    50 to 99 workers

57

36

6

1.3

1.0

100 workers or more

46

23

26

6

1.5

1.5

    100 to 499 workers

43

26

23

9

1.5

1.5

    500 workers or more

46

27

1.5

1.5

State government

41

25

1.6

1.5

Local government

48

23

25

4

1.4

1.5

Geographic areas

           

New England

49

32

1.5

Middle Atlantic

28

50

8

14

1.6

1.5

East North Central

65

11

1.3

1.0

West North Central

34

15

1.6

1.5

South Atlantic

45

33

1.5

1.5

East South Central

58

1.6

2.0

West South Central

43

32

1.4

1.5

Mountain

64

1.3

1.0

Pacific

69

2

1.2

1.0

Footnotes:

1Includes participants in plans in which insurance equaled a multiple of earnings plus or minus a specified amount. Includes multiple of earnings
not shown separately.

2The percentile groupings are based on the average wage for each occupation surveyed, which may include workers both above and below the
threshold. The percentile values are based on the estimates published in the "National Compensation Survey: Occupational Earnings in the United
States, 2008." See Technical Note for more details.

NOTE: Because of rounding, sums of individual items may not equal totals. Dash indicates no workers in this category or data did not meet
publication criteria. For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit Terms" at
www.bls.gov/ncs/ebs/glossary20082009.htm.