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Release: Occupational Pension Schemes Survey short stories, Very Small Schemes 2012

Released: 26 November 2013

Contact

David Knight

Analysis and Dissemination - Public Policy Analysis - Pensions Analysis Unit

pensionsanalysis@ons.gsi.gov.uk

Telephone: +44 (0)1633 456439

Categories: Economy, Personal Finances, Pensions, Occupational and personal pensions

Frequency of release: Ad-hoc

Language: English

Geographical coverage: UK

Geographical breakdown: UK

Survey name(s): Occupational Pension Scheme Survey (OPSS)

  • In 2012, 80% of private sector occupational pension schemes were very small schemes with 2 to 11 members.
  • Very small schemes accounted for only 1% of active membership of occupational pension schemes.
  • Since 2004 there was a decline in active membership of very small schemes from 0.3 million in 2004 to 0.1 million in 2012.
  • Nearly two-thirds (64%) of active members in very small occupational pension schemes did not make any contributions themselves. Contributions came solely from the employer.
OPSS provides a detailed view of the nature of occupational pension provision in the UK.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.