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Joint Economic Committee Democrats
Pension Charts
Chart 2.5
Last updated 7/25/06
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Most private sector workers who do not participate in a pension plan work for employers who do not offer a plan.
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In 2004, 10 percent of workers did not participate in a pension plan even though their employers offered pension coverage.
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Of those workers who did not participate, 3 out of 10 did not meet the age or length-of-service requirements, while another 2 out of 10 did not work enough hours per week or weeks per year. About 2 out of 10 simply chose not to participate.
Note: Pension coverage indicates that the employer offers a pension plan (defined benefit or defined contribution) to at least some of its workers. A worker may have pension coverage but for a variety of reasons may not participate in the plan.
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