Employers Offering Retiree Health Benefits to Early Retirees: How Has It Changed?

Source: Employee Benefit Research Institute, Fast Facts, no. 182, October 2010

How has the percentage of employers offering retiree health benefits to early retirees changed?
Examining 1997-2009 data for private-sector establishments, the nonpartisan Employee Benefit Research Institute (EBRI)
finds the “offer rate” has dropped significantly in recent years. Here are the results:
– Overall, 6.2 percent of private-sector establishments offered health benefits to early retirees in 2009.
– Large employers are much more likely to offer retiree health benefits than small employers: 34.2 percent of employers with 1,000 or more workers offered them, compared will less than 1 percent among employers with fewer than 10 workers.
– Between 1997 and 2009, the percentage of private-sector employers offering health benefits to early retirees fell from 11.3 percent to 6.2 percent. Among the largest employers, it fell from 51.9 percent to 34.2 percent.

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