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Key Facts

Workplace Pensions
Active members of workplace pensions by type of scheme (2007) Source: ONS
Participation rates (2008)Source: NAPF
Private sector DB schemes open to new members (2008)Source: NAPF
Average contribution rates to private sector occupational schemes (2007) Source: ONS
Pensioners' income from occupational pensions (2007) Source: ONS

 

Active members of workplace pensions by type of scheme (2007)

 

millions

% of workforce

Defined benefit

7.9

30

of which: private sector

2.7

10

Trust-based DC

0.9

3

Contract-based DC

2.6

10

Unknown pension provision

0.7

3

No workplace pension provision

13.9

53

Total employees

26

 

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Participation rates (2008)Source: NAPF

 

% of employees

Scheme Member

51

Not a member

31

No pension scheme available

18

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Private sector DB schemes open to new members (2008)Source: NAPF

% of schemes still open

28

% of active members in open schemes

72

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Average contribution rates to private sector occupational schemes (2007) Source: ONS

 

DB

DC

Employer

15.6%

6.7%

Employee

4.9%

2.9%

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Pensioners' income from occupational pensions (2007) Source: ONS

 

All pensioners

Recently retired pensioners

Pensioners with occupational pension income

59%

59%

Proportion of income from occupational pensions

25%

24%

Average amount of occupational pension income for those in receipt

£8,112 a year

£9,568 a year

Median amount of occupational pension income for those receipt

£5,096 a year

£6,604 a year

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