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Occupational Pension Schemes Survey

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Occupational Pension Schemes Survey 2017

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Occupational Pension Schemes Survey 2017

£17.50
ISBN
9781787760417
Author
Office for National Statistics
Published by
Dandy Booksellers Ltd
Publication Date
17 September 2018
Edition
2017
Format
Paperback
Extent
32 pages
Dimensions
A4 (210 x 297 mm)

The Occupational Pension Schemes Survey (OPSS) covers both private and public sector occupational pension schemes registered in the UK. Results from the OPSS provide a detailed view of the nature of occupational pension provision in the UK.

The survey collects information about scheme membership, benefits and contributions from a sample of occupational trust-based pension schemes (consisting of two or more members). It also includes those that are winding up.

OPSS does not cover state pensions or personal pensions, the latter being based on individuals entering into a contract with a pension provider.

Main points
  • Total membership of occupational pension schemes in the UK was an estimated 41.1 million in 2017, compared with 39.2 million in 2016 and is the highest level recorded by the survey.
  • Total membership of public sector pension schemes was 15.5 million in 2017, compared with 14.8 million in 2016.
  • Active membership of occupational pension schemes was 15.1 million in 2017, split between the private sector (8.8 million) and the public sector (6.3 million).
  • Active membership of private sector defined contribution schemes was 7.7 million in 2017, compared with 6.4 million in 2016.
  • In 2017, for private sector defined contribution schemes, the average total (member plus employer) contribution rate was 3.4%, falling from 4.2% in 2016.
 


Occupational Pension Schemes Survey 2016

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Occupational Pension Schemes Survey 2016

£17.50
ISBN
9781787321175
Author
Office for National Statistics
Published by
Dandy Booksellers Ltd
Publication Date
6 October 2017
Edition
2016
Format
Paperback
Extent
40 pages
Dimensions
A4 (210 x 297 mm)

The nature of occupational pension provision in the UK providing summary data on membership of schemes and contributions paid.

Main points
  • Total membership of occupational pension schemes in the UK was 39.2 million in 2016, the highest level recorded by the survey, representing an increase of 17.1% compared with 2015 (33.5 million).
  • Active membership of occupational pension schemes was 13.5 million in 2016, split between the private (7.7 million) and public sector (5.7 million).
  • Total number of preserved pension entitlements increased from 11.8 million in 2015 to 15.4 million in 2016.
  • Active membership of private sector defined contribution schemes was 6.4 million in 2016, representing an increase of 62.5% on 2015 levels (3.9 million).
  • In 2016, for private sector defined contribution schemes, the average total (member plus employer) contribution rate was 4.2%, broadly comparable with 2015.
 


Occupational Pension Schemes Survey 2015

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Occupational Pension Schemes Survey 2015

£17.50
ISBN
9781785849565
Author
Office for National Statistics
Published by
Dandy Booksellers Ltd
Publication Date
12 October 2015
Edition
2015
Format
Paperback
Extent
41 pages
Dimensions
A4 (210 x 297 mm)

The Occupational Pension Schemes Survey (OPSS) is an annual survey of occupational pension schemes in the UK, run by the Office for National Statistics (ONS). The survey was first undertaken in 1953, then in 1956 and 1963, and then every 4 to 5 years until 2004 when it became an annual survey. Until its transfer to ONS in 2006, OPSS was run by the Government Actuary’s Department (GAD).

The OPSS was among the business surveys included in our 2015 public consultation on changes to ONS products. Feedback from respondents reaffirmed the value of this survey, particularly in providing pension membership and contribution rate data for analysis and in monitoring the impact of policy changes such as automatic enrolment upon occupational pension schemes. This resulted in a decision to retain the OPSS survey for the present time. 


Occupational Pension Schemes Survey 2014

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Occupational Pension Schemes Survey 2014

£17.50
ISBN
9781785840593
Author
Office for National Statistics
Published by
Dandy Booksellers Ltd
Publication Date
29 January 2015
Edition
2014
Format
Paperback
Extent
38 pages
Dimensions
A4 (210 x 297 mm)

The Occupational Pension Schemes Survey (OPSS) is an annual survey of occupational pension schemes in the UK, run by the Office for National Statistics (ONS). The survey was first undertaken in 1953, then in 1956 and 1963, and then every 4 to 5 years until 2004 when it became an annual survey. Until its transfer to ONS in 2006, OPSS was run by the Government Actuary’s Department (GAD).

The OPSS collects information from occupational pension schemes (consisting of 2 or more members), about scheme membership, benefits and contributions. It includes sections on very small schemes (schemes with 2 to 11 members) and those that are winding up. OPSS covers both private and public sector occupational pension schemes registered in the United Kingdom. Results from OPSS provide a detailed view of the nature of occupational pension provision in the UK.

Main points
  • Total membership of occupational pension schemes with 2 or more members was 30.4 million in 2014, the highest level recorded by the survey, and an increase of 2.5 million compared to 2013. These estimates exclude participation in other workplace (group personal) pensions.
  • The numbers contributing, or having contributions paid into a scheme (active members), rose from 8.1 million in 2013 to 10.2 million in 2014, driven by a rise of 2.0 million in the private sector.
  • For private sector defined contribution schemes, the average total contribution rate was 4.7% in 2014, down from 9.1% in 2013.
  • The changes in active membership and contribution rates are likely to have been influenced by the recent workplace pension reforms.
    •  


Occupational Pension Schemes Survey 2013

Free UK delivery on Occupational Pension Schemes Survey 2013

In Paperback Format
Occupational Pension Schemes Survey 2013
In replacement of: Occupational Pensions Schemes Annual Report

£17.50
ISBN
9781910535516
Author
Office for National Statistics
Published by
Dandy Booksellers Ltd
Publication Date
29 January 2015
Edition
2013
Format
Paperback
Extent
40 pages
Dimensions
A4 (210 x 297 mm)

The Occupational Pension Schemes Survey (OPSS) is an annual survey of occupational pension schemes, run by the Office for National Statistics (ONS). The survey was first undertaken in 1953, then in 1956 and 1963, and then every four to five years until 2004 when it became an annual survey. Until its transfer to ONS in 2006, OPSS was run by the Government Actuary’s Department (GAD).

The OPSS collects information from occupational pension schemes (consisting of two or more members), about scheme membership, benefits and contributions. It includes sections on very small schemes (schemes with 2 to 11 members) and those that are winding up. OPSS covers both private and public sector occupational pension schemes registered in the United Kingdom. Results from OPSS provide a detailed view of the nature of occupational pension provision in the UK.

OPSS does not cover state pensions or personal pensions, the latter being based on individuals entering into a contract with a pension provider. This exclusion extends to 'group' personal arrangements (GPPs, such as stakeholder and self-invested personal pensions), where the contract is facilitated by the employer(s). 



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