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UK: share of participants in defined contribution scheme for retirement 2005-2018

As of 2018, almost 47 percent of UK employees participate in a scheme. Under a defined benefit scheme, the pension paid depends on the length of employment of the individual and their salary history. Since automatic enrolment was introduced in 2012, the share of people enrolled in a defined contribution scheme has significantly increased.

Share of people participating in a defined contribution scheme for retirement in the United Kingdom (UK) from 2005 to 2018

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Source

Release date

July 2019

Region

United Kingdom

Survey time period

2005 to 2018

Age group

30 years and older

Method of interview

Online survey

Supplementary notes

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Statistics on "Savings in the United Kingdom (UK)"

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