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Private Pensions

Table 20: Contribution rates to private sector schemes by scheme size (as a percentage of salary) in 2016[1]

Scheme size (total membership)

Weighted average contribution rates (% of salary)

Defined Benefit

Defined Contribution

Member

Employer

Total

Member

Employer

Total

10,000+

6.0

18.6

24.6

1.1

1.8

3.0

5,000 to 9,999

6.4

19.9

26.3

2.7

5.4

8.1

1,000 to 4,999

5.8

20.0

25.8

3.2

6.3

9.4

100 to 999

4.7

24.0

28.7

3.2

5.2

8.3

12 to 99[2]

4.3

36.4

40.7

*

*

*

Total

6.0

19.2

25.2

1.2

2.1

3.4

 

[1] ONS (2018) Occupational Pension Schemes Survey 2017. Includes schemes where contributions are zero. As these contributions are a proportion of salary, they will include any contracted-out rebate received by the employer/employee. 

[2] * indicates cells that have been suppressed to protect confidentiality.

 

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