Public Policy Analysis
Telephone: + 44 (0) 1633 455593
Frequency of release: Ad-hoc
Geographical coverage: UK
Geographical breakdown: UK
Survey name(s): Occupational Pension Scheme Survey (OPSS)
The percentage of private sector active membership contracted out of defined benefit occupational pension schemes fell from 91% in 2008 to 84% in 2012.
Contribution rates are much higher for contracted out schemes than for non-contracted out schemes.
Contracting out for defined contribution schemes ceased from April 2012. Should the Pensions Bill 2013/14 be enacted, contracting out of defined benefit occupational schemes will also end, in 2016.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.