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According to a 2007 GAO analysis of BLS and CPS data, the hourly costs of retirement and savings benefits for full-time workers were $1.07, compared to $0.18 for part-time workers. For health insurance benefits, the hourly costs were $1.92 for full-time workers and $0.49 for part-time. (Table 9, p. 41)
U. S. Government Accountability Office. (2007). Employer-sponsored health and retirement benefits. Washington, DC: U.S. Government Accountability Office. Retrieved from http://purl.access.gpo.gov/GPO/LPS82868
This report is based on data from three private-sector surveys of employer-sponsored health benefits and two federal surveys that address workforce characteristics and benefits costs and participation rates, including the Current Population Survey (CPS), which is designed and administered jointly by the Bureau of the Census and Bureau of Labor Statistics (BLS), and the Mercer National Survey of Employer-Sponsored Health Plans; Mercer's 2005 database contains information from 2,122 large (over 500) and small (under 500) employers who sponsor health plans.
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Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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