Number of people in public and private sector workplace pensions in 2017 and 2011 (millions)
|
Public sector |
Private sector |
Total |
|
Men |
Women |
Men |
Women |
Men |
Women |
2011 |
2.06 |
3.74 |
3.59 |
1.85 |
6.12 |
6.16 |
2017 |
1.86 |
3.82 |
7.81 |
4.91 |
10.41 |
9.81 |
Source: ASHE
Members of workplace pensions by type of scheme in 2017
|
Million |
% of
workforce |
Defined Benefit |
7.83 |
28% |
Defined Contribution |
6.36 |
23% |
Group Personal and group self-invested |
4.35 |
16% |
Stakeholder |
1.29 |
5% |
Unknown |
0.39 |
1% |
No workplace pension |
7.51 |
27% |
Total |
27.73 |
100% |
Source: ASHE
Number of employees auto-enrolled into a workplace pension (millions)
2013 |
2014 |
2015 |
2016 |
2017 |
1 |
3 |
5.2 |
6.1 |
7.7 |
Source: The Pensions Regulator
Average contribution rates to private sector open occupational schemes (2016)
|
DB |
DC |
Employer |
15.6% |
3.1% |
Employee |
6.3% |
1.0% |
Source: Occupational Pension Schemes Survey (OPSS)
Private sector DB schemes – status
|
2015 |
2016 |
2017 |
% of schemes open to new members |
13% |
13% |
12% |
% of schemes open to future accrual only |
51% |
50% |
47% |
Source: PPF's The Purple Book