Retiree benefits vary substantially by firm size, industry and the presence of union workers (Exhibit 11.2).
Retiree benefits are offered by 38% of large firms (200 or more workers) compared to just 9% of the smallest firms (3-24 workers)
Covered workers employed in transportation, communications, utilities, health care, or by state or local governments are more likely than workers in other industries to have retiree benefits.
Large firms (200 or more workers) with union workers are significantly more likely to offer retiree health benefits than firms without union workers – 56% of large firms with union employees offer retiree benefits, compared to 29% of large firms that do not have union employees (Exhibit 11.5).
Virtually all large firms that offer retiree benefits offer them to early retirees under the age of 65 (93%). A lower percentage (78%) of large firms offering retiree benefits offer them to Medicare-age retirees (Exhibits 11.3, 11.4).
Section 11: Retiree Health Benefits Pages: 1 2 < previous
