Other Labor Income
From Open Risk Manual
Definition
Other Labor Income (OLI). A component of personal income that includes employer payments to private pension and profit-sharing plans, publicly administered government employee retirement plans, private group health and life insurance plans, privately administered workers' compensation plans, supplemental unemployment benefit plans, and several minor categories of employee compensation.
The NIPAs now refer to OLI as employer contributions for employee pension and insurance funds. It is part of the value-added component “compensation.”[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
