Pension Coverage* in Florida by Low-Wage Status, 2002-2004
Category
Covered
Not Covered
Low-wage Workers (below $8.23 per hour)
16.20%
83.80%
Above Low-wage ($8.23 per hour or more)
51.01%
48.99%
Wage workers age 18-64, who worked at least 20 hours per week and 26 weeks per year.
Wage data is for the previous week (March of the survey year) and pension data is for the previous year.
* Coverage is defined as being included in an employer-provided plan. Those not covered includes those whose employers do not offer a plan and those not included in a plan that is offered at work.
Source: Source: Authors’ analysis of CPS data, 2002-2004.
Pension Coverage* in Florida by Very Low-Wage Status, 2002-2004
Category
Covered
Not Covered
Very Low-Wage Workers (at or below $7.15 per hour)
15.71%
84.29%
Above Very Low-Wage ($7.16 per hour or more)
47.50%
52.50%
Wage workers age 18-64, who worked at least 20 hours per week and 26 weeks per year.
Wage data is for the previous week (March of the survey year) and pension data is for the previous year.
$7.15 in 2004 dollars was deflated, according to the Consumer Price Index for 2002 and 2003
* Coverage is defined as being included in an employer-provided plan. Those not covered includes those whose employers do not offer a plan and those not included in a plan that is offered at work.
Source: Source: Authors’ analysis of CPS data, 2002-2004.
To download these tables in Microsoft Excel format, click here
To view the related report, click here (from Working Poverty: Low Wage Workers in Florida)
