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[IWS] BLS: GLOSSARY OF EMPLOYEE BENEFIT TERMS: NATIONAL COMPENSATION SURVEY [August 2014]
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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NATIONAL COMPENSATION SURVEY: GLOSSARY OF EMPLOYEE BENEFIT TERMS [August 2014]
[full-text, 26 pages]
The definitions of major plans, key provisions, and related terms presented in this glossary are those used by the U.S Bureau of Labor Statistics (BLS), National Compensation Survey (NCS) program when conducting its survey of employee benefits. Under the NCS program, information on the incidence and provision of benefits is published in several stages. Data on the incidence of (access to and participation in) selected benefits and detailed provisions of paid leave plans, life insurance plans, disability benefits, other selected benefits, and the employer and employee shares of contributions to medical care premiums are published annually, with a March reference period. Separate estimates are published for civilian workers, private industry employees, and state and local government workers.
Data on detailed provisions of health insurance and retirement benefits for both private industry and state and local government also are available. See the BLS website www.bls.gov/ncs/ebs. Note: Access to employee benefit programs and participation in those programs, as these concepts are used in the National Compensation Survey, are defined as follows:
· Access to a benefit plan: Employees are considered to have access to a benefit plan if it is available for their use. For example, if an employee is permitted to participate in a medical care plan offered by the employer, but the employee declines to do so, he or she is placed in a category with those having access to medical care.
· Participation in a benefit plan: Employees in contributory plans are considered participants in an insurance or retirement plan if they have paid required contributions and fulfilled any applicable service requirements. Employees in noncontributory plans are counted as participating regardless of whether they have fulfilled the service requirements. Note that the term "incidence" can refer to either rates of access or rates of participation in a benefit plan.
· Take-up rate: The percentage of workers with access to a plan who participate in the plan.
Information on the scope of the survey, the sample design, data collection, survey estimation, and the reliability of estimates for all NCS products are in the BLS Handbook of Methods, at www.bls.gov/opub/hom/pdf/homch8.pdf.
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