Private-sector pensions are an important income source for many workers without college degrees: Private pension benefits of people age 65 and older by family income, race and ethnicity, education, gender, and marital status, 2014
| Characteristics | Percent with benefits (bottom axis) | Median of those with benefits (top axis) |
|---|---|---|
| All | 22% | $9,000 |
| 1st (bottom) quintile | 7% | $2,040 |
| 2nd (lower-middle) quintile | 19% | $5,520 |
| 3rd (middle) quintile | 28% | $9,348 |
| 4th (upper-middle) quintile | 30% | $12,456 |
| 5th (top) quintile | 26% | $18,000 |
| Hispanic | 10% | $7,350 |
| Black non-Hispanic | 18% | $10,800 |
| White non-Hispanic | 24% | $9,000 |
| Less than high school | 14% | $4,800 |
| High school diploma/GED | 23% | $7,332 |
| Some college | 24% | $9,000 |
| Bachelor’s degree or more | 24% | $15,120 |
| Unmarried women | 22% | $6,696 |
| Unmarried men | 25% | $11,040 |
| Married women | 13% | $6,804 |
| Married men | 28% | $12,000 |
Source: EPI analysis of U.S. Census Bureau's Current Population Survey Annual Social and Economic Supplement microdata
