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How satisfied are you overall with the retirement program offered by your employ
er?
(n=600)
Very satisfied 49%
Somewhat satisfied 34
Not too satisfied 11
Not at all satisfied 5
Don t know <0.5
No answer <0.5
2. How well informed would you say you were about the details of the retirement
program?
(n=600)
Very well informed 60%
Somewhat informed 30
Not too informed 7
Not at all informed 3
Don t know <0.5
No answer <0.5
3. Overall, what type of retirement plan(s) did this employer offer? (Please che
ck all that
apply.
(n=600)
One where the retirement benefits you would receive were based on the
amount of accumulated contributions plus earnings on the investments 9%
One where the retirement benefits you would receive were determined by
a formula based on years of service and sometimes other factors 88%
Don t know 5%
No answer 1
If this employer offered more than one retirement plan, which plan provided the
greatest
benefit at retirement? (Please check only one.)
(n=600)
Employer offered only one plan 60%
One where the retirement benefits you would receive were based on the
amount of accumulated contributions plus earnings on the investments 5
One where the retirement benefits you would receive were determined by
a formula based on years of service and sometimes other factors 30
Don t know 3
No answer 2
Mark your responses for questions 5-9 in the column that matches the type(s) of
plan(s) offered
by this employer. If this employer offered both types of plans, make sure you ma
rk responses in
both columns.
5. What type of formula or other method is used to determine the retirement bene
fit from
the plan? (Please check only one.)
Acc. Amt. Formula
(n=57) (n=526)
A lump sum based on the amount you and/or your employer
contributed to an investment account plus the investment
earnings of the account 30% 3%
A lump sum based on a formula that considers your earnings
in the last few years that you worked and the number of
years that you worked 5 10
A lump sum based on a different formula 1 1
A monthly benefit based on the amount you and/or your
employer contributed to an investment account plus the
investment earnings of the account 37 8