Figure 1
Defined-contribution (DC) and defined-benefit (DB) participation, families age 32-61, 1989-2013 (2013 dollars)
DB pension | DC plan | Both plans | Any plan | |
---|---|---|---|---|
1989 | 41% | 35% | 17% | 58% |
1992 | 33% | 35% | 13% | 54% |
1995 | 28% | 41% | 12% | 56% |
1998 | 26% | 46% | 13% | 59% |
2001 | 28% | 47% | 15% | 60% |
2004 | 25% | 44% | 11% | 57% |
2007 | 25% | 47% | 14% | 57% |
2010 | 22% | 42% | 11% | 53% |
2013 | 21% | 43% | 11% | 53% |
Note: DC and DB shares include families with both kinds of plans (DB + DC - both = any). They indicate whether either the respondent or his or her spouse participated in such a plan or plans on a current job (individual participation rates are lower.
Source: EPI's analysis of Survey of Consumer Finance data, 2013.