UK: total contributions to pension funds 2022

From the third quarter of 2019 to the first quarter of 2022, the highest level of contributions made to UK pension funds came from the defined benefits and hybrid (DBH) scheme of the private sector. The lowest level of contributions came from the public DBH scheme, adding roughly four billion British pounds in 2022.

Total contributions made to pension funds in the United Kingdom (UK) from Q3 2019 to Q1 2022, by scheme type (in million GBP)

Characteristic	Private sector DC	Private sector DBH	Public sector DBH
-	-	-	-
-	-	-	-
-	-	-	-

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Release date

September 2022

More information

Region

United Kingdom

Survey time period

Q3 2019 to Q1 20022

Supplementary notes

Defined benefit plans are protected, within certain limitations, by federal insurance provided through the Pension Benefit Guaranty Corporation (PBGC). This is different from a defined contribution plan which does not promise a specific amount of benefits at retirement. A hybrid pension scheme is one which is neither a fully defined benefit (DB) scheme or a fully defined contribution (DC).Defined benefit and hybrid (DBH) is the combination of both.

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