Retirement benefits in the 1990s: 1998 survey report
Article Abstract:
Employers posted the lowest expenditure for retirement benefits in 1998, 5.25% of payroll as against 7.06% in 1997. This figure was the lowest so far in KPMG's yearly survey. The 401(k) plan, which features an equivalent contribution from the employer, is participated in by only 65% of employees. Studies show that by 2013 the income derived from social security taxes will no longer be sufficient to cover the benefits being paid out to members. Retirement benefits provided by employees become increasingly important because it lessens the burden of the federal government.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1999
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1994 KPMG retirement benefits survey
Article Abstract:
KPMG Peat Marwick has been conducting its survey on benefits and compensation practice since 1993. For its 1994 study, the company found out that 89% of employers have a retirement plan for employees. Furthermore, employers were more prone to add a plan that drop an existing one. The results also showed that an average firm's plans covered 70% of employees. The 401(k) plan was the most popular form of retirement plan.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1995
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Retirement benefits in 1995: KPMG's third annual survey findings
Article Abstract:
KPMG Peat Marwick's Compensation and Benefits Practice has released its third national retirement benefits survey. Data were obtained from a sample of 1,183 employers. The survey showed that retirement benefits plans are offered by 91% of employers with 200 or more employees and that retirement benefit costs are down to 6.5% of payroll.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 1995
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