David Knight or Hazel Clarke
Pensions Analysis Unit
pensionsanalysis@ons.gsi.gov.uk
Telephone: +44 (0)1633 455633
Categories: Economy, Personal Finances, Pensions, Occupational and personal pensions
Frequency of release: Ad-hoc
Language: English
Geographical coverage: UK
Geographical breakdown: UK
In 2010, the average employee in private sector defined benefit (DB) occupational pension schemes contributed 5.1 per cent of salary to their pension, compared with 2.7 per cent for employees in defined contribution (DC) occupational pension schemes.
In 2010, the average employer contribution rate for private sector DB occupational pension schemes was 15.8 per cent of salary, compared with 6.2 per cent for DC occupational pension schemes.
Pension Trends provides a statistical backdrop for the debate on pensions. It looks at changes in pension provision over time in the context of social and economic developments and changes in the policy environment.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.