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February 7, 2013
10% of Workers Have Defined Benefit Plans
The last private industry pension plans: a visual essay is an interesting December 2012 article from the Monthly Labor Review, here. The article concludes, among other things,
In 2011, only 10 percent of all private sector establishments provided defined benefit plans, covering 18 percent of private industry employees. Decades ago, broad coverage of these plans allowed the Bureau of Labor Statistics (BLS) to analyze and tabulate considerable detail about how they worked. . .
Mitchell H. Rubinstein