Life insurance plans: Maximum benefit amount

Table 20. Life insurance plans: Maximum benefit amounts, State and local government workers, National
Compensation Survey, March 2013

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

Characteristics

With
maximum
benefit
amount

Maximum benefit amount1

With no
maximum
benefit
amount

10th
percentile

25th
percentile

50th
percentile
(median)

75th
percentile

90th
percentile

All workers

51

$50,000

$50,000

$100,000

$400,000

49

Worker characteristics

             

Management, professional, and related

52

50,000

50,000

100,000

400,000

48

    Professional and related

52

50,000

50,000

100,000

400,000

48

        Teachers

48

50,000

50,000

350,000

52

            Primary, secondary, and special education
             school teachers

42

50,000

50,000

$100,000

58

Service

53

50,000

50,000

100,000

250,000

500,000

47

    Protective service

49

50,000

50,000

100,000

250,000

51

Sales and office

48

50,000

50,000

500,000

52

    Office and administrative support

48

50,000

50,000

500,000

52

Natural resources, construction, and maintenance

46

50,000

100,000

400,000

54

Production, transportation, and material moving

47

50,000

100,000

450,000

53

Full time

51

50,000

50,000

100,000

450,000

49

Part time

50

50,000

50,000

50

Union

48

45,000

50,000

200,000

400,000

52

Nonunion

53

50,000

50,000

100,000

250,000

500,000

47

Average wage within the following categories:2

             

    Lowest 25 percent

54

50,000

50,000

100,000

150,000

500,000

46

        Lowest 10 percent

57

50,000

100,000

500,000

43

    Second 25 percent

55

50,000

50,000

100,000

250,000

400,000

45

    Third 25 percent

49

50,000

50,000

100,000

250,000

400,000

51

    Highest 25 percent

47

50,000

50,000

100,000

250,000

53

        Highest 10 percent

52

50,000

400,000

48

Establishment characteristics

             

Service-providing industries

52

50,000

50,000

100,000

450,000

48

    Education and health services

53

50,000

50,000

100,000

400,000

47

        Educational services

53

50,000

50,000

100,000

400,000

47

            Elementary and secondary schools

42

50,000

50,000

144,000

250,000

58

            Junior colleges, colleges, and universities

73

50,000

50,000

100,000

27

        Healthcare and social assistance

57

50,000

43

            Hospitals

61

50,000

100,000

400,000

39

    Public administration

49

50,000

50,000

100,000

200,000

500,000

51

1 to 99 workers

30

50,000

250,000

500,000

70

    1 to 49 workers

30

70

    50 to 99 workers

30

50,000

250,000

500,000

70

100 workers or more

53

50,000

50,000

100,000

400,000

47

    100 to 499 workers

54

50,000

50,000

100,000

150,000

250,000

46

    500 workers or more

53

50,000

50,000

100,000

500,000

47

State government

58

50,000

500,000

42

Local government

48

50,000

50,000

100,000

200,000

400,000

52

Geographic areas

             

Middle Atlantic

32

40,000

50,000

68

East North Central

46

50,000

50,000

150,000

250,000

54

South Atlantic

39

50,000

50,000

200,000

280,000

61

West South Central

54

50,000

50,000

46

Mountain

71

50,000

29

1The 10th, 25th, 50th, 75th, and 90th percentiles designate position within
each published series. For example, at the 50th percentile or median, half of
the participating workers receive the same as or more than the benefit shown,
and half receive the same as or less than the benefit shown. At the 25th
percentile, one-fourth of the participating workers re ceive the same or less
than the benefit shown. The remaining percentiles follow the same logic.


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/glossary20122013.htm.

2Surveyed occupations are classified into wage categories based on the
average wage for the occupation, which may include workers with earnings
both above and below the threshold.  The categories were formed using
percentile estimates generated using data from the National Compensation
Survey publication, "Employer Costs for Employee Compensation - March
2013."