How many private workers in defined contribution plan only?
| What percentage of private sector workers participating in a qualified retirement plan are only in a defined contribution plan? |
|
In 1997, about 54 percent of workers in the private sector who participated in a qualified retirement plan were covered only by a defined contribution plan, 32 percent were covered by both a defined benefit plan and a defined contribution plan, and 14 percent were covered only by a defined benefit plan. |
