Figure 31
Share of participating workers age 51–56 in various retirement plans, by education, 1992–2004
| Year | DB only | Both DB and DC | DC only | Didn’t know/wouldn’t answer | |
|---|---|---|---|---|---|
| 1992 | <High school | 49% | 11% | 36% | 4% |
| High school | 44% | 25% | 30% | 2% | |
| Some college | 33% | 30% | 37% | 1% | |
| College | 33% | 36% | 29% | 2% | |
| >16 years | 41% | 35% | 24% | 1% | |
| 1998 | <High school | 29% | 18% | 51% | 2% |
| High school | 29% | 32% | 38% | 1% | |
| Some college | 28% | 29% | 40% | 2% | |
| College | 27% | 34% | 38% | 0% | |
| >16 years | 32% | 33% | 33% | 2% | |
| 2004 | <High school | 20% | 11% | 60% | 9% |
| High school | 25% | 23% | 48% | 5% | |
| Some college | 21% | 25% | 51% | 2% | |
| College | 26% | 25% | 48% | 1% | |
| >16 years | 27% | 31% | 39% | 3% |
Note: Data in this figure cover only workers who are participating in an employer-based retirement plan.
Source: Authors' analysis of Health and Retirement Study data in Gustman, Steinmeier, and Tabatabai (2010)
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