Over three-quarters (76%) of UK employees were members of a workplace pension scheme in 2018, up from 73% in 2017; this is a 29 percentage points increase compared with 2012, when automatic enrolment was introduced.
The number of employees with defined contribution (pension wealth dependent upon factors such as investment performance) workplace pensions has increased considerably in recent years; in 2018 the proportion of employees with workplace pensions of this type (34%) almost equalled that of defined benefit (which guarantee a specific retirement income, 36%).
Both the public and private sectors saw a rise in the share of employees with a workplace pension between 2017 and 2018, with the private sector seeing the largest growth; 90% of public sector and 72% of private sector employees were participating in an occupational pension in 2018 with the gap between these sectors narrowing.
Annual estimates of the proportion of UK employees in each pension type and contracted-out status (prior to 2016), by Standard Industrial Classification (including public and private sector breakdown) and gross weekly earnings bands.
Annual estimates of the proportion of UK employees in employee contribution bands, by Standard Industrial Classification (including public and private sector breakdown) and by contracted-out status (prior to 2016) and pension type.
Membership and contributions to workplace pension arrangements for UK employees by type, age, industry, public and private sector, occupation and size of company. Compiled from the Annual Survey of Hours and Earnings.
The latest information on membership and contributions, by contracted out status, is presented for private sector defined benefit occupational schemes. The story focuses on 2013, but also provides active membership details for 2008 to 2013 inclusive.