Table 1
Percent of retired men with earnings replacement rates below or above selected thresholds in 2006, by pension coverage and 1989 to 1991 earnings quintiles
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No registered pension plan | Registered pension plan | Difference | |
---|---|---|---|
percentage | |||
Quintile 1 | |||
Less than .40 | 1.5 | 1.3 | 0.2 |
Less than .50 | 4.6 | 3.4 | 1.2 |
Less than .60 | 14.1 | 10.9 | 3.2 |
More than 1.00 | 43.9 | 36.5 | 7.4 |
Quintile 2 | |||
Less than .40 | 8.1 | 3.1 | 5.0 |
Less than .50 | 29.3 | 12.4 | 16.9 |
Less than .60 | 53.1 | 31.0 | 22.1 |
More than 1.00 | 16.3 | 10.1 | 6.3 |
Quintile 3 | |||
Less than .40 | 25.1 | 6.5 | 18.6 |
Less than .50 | 45.7 | 21.5 | 24.1 |
Less than .60 | 57.7 | 44.3 | 13.4 |
More than 1.00 | 15.3 | 6.5 | 8.9 |
Quintile 4 | |||
Less than .40 | 33.3 | 10.2 | 23.1 |
Less than .50 | 49.1 | 27.7 | 21.3 |
Less than .60 | 60.8 | 50.7 | 10.1 |
More than 1.00 | 11.2 | 5.3 | 5.9 |
Quintile 5 | |||
Less than .40 | 36.3 | 13.7 | 22.7 |
Less than .50 | 50.0 | 27.9 | 22.1 |
Less than .60 | 61.2 | 46.5 | 14.7 |
More than 1.00 | 11.8 | 7.0 | 4.8 |
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