MLchartDataset catalogue

Membership (of retirement systems)

Term · Economic statistics · MLC-T-ECS-001169

Active members include employees making payments to contributory pension plans, as well as other employees on whose behalf contributions are made by the sponsoring government (noncontributory retirement systems). Inactive members are former employees or others on extended leave who have retained retirement credits. Beneficiaries are retirees who may receive lump-sum benefit payments on retirement or who may elect to receive benefits periodically, depending on the provisions of a pension plan. Retirement beneficiaries receiving monthly or other periodic payments are classified as (1) retired on account of age or service, (2) retired on account of disability, and (3) survivors of deceased former active members. When detail is not available, all retirees receiving benefits periodically are classed as age or service participants.

Table 1. Record
IdentifierMLC-T-ECS-001169
FieldEconomic statistics
SubjectGovernments
ReferencesU.S. Census Bureau Glossary
See alsoStatistics about Governments
Record as JSON
{
  "id": "MLC-T-ECS-001169",
  "term": "Membership (of retirement systems)",
  "field": "Economic statistics",
  "definition": "Active members include employees making payments to contributory pension plans, as well as other employees on whose behalf contributions are made by the sponsoring government (noncontributory retirement systems). Inactive members are former employees or others on extended leave who have retained retirement credits. Beneficiaries are retirees who may receive lump-sum benefit payments on retirement or who may elect to receive benefits periodically, depending on the provisions of a pension plan. Retirement beneficiaries receiving monthly or other periodic payments are classified as (1) retired on account of age or service, (2) retired on account of disability, and (3) survivors of deceased former active members. When detail is not available, all retirees receiving benefits periodically are classed as age or service participants.",
  "subject": "Governments",
  "see_also": [
    "Statistics about Governments"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/membership-of-retirement-systems/"
}

Record 1,169 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.