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Joint Economic Committee Democrats
Pension Charts
Chart 2.3
Last updated 7/25/06
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Overall, pension plan participation is lower for blacks than for whites, and lower still for Hispanics.
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Within earnings groups, participation rates for blacks and whites were more similar. The lower overall rate for blacks reflects a higher concentration of black workers in lower earnings groups.
Note: Includes participants in private defined benefit and defined contribution plans such as 401(k) plans. Among all private sector workers in 2004, the lowest 20 percent had earnings below $16,600, the second lowest 20 percent had earnings between $16,600 and $26,900, the middle 20 percent between $26,900 and $39,000, the second highest 20 percent between $39,000 and $60,000, and the top 20 percent had earnings above $60,000.
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