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Defined contribution occupational pension schemes: private sector rate UK 2000-2013

This timeline depicts the weighted-average contribution rates for private sector defined contribution (DC) occupational pension schemes in the United Kingdom (UK) in 2000 and between 2004 and 2013, by contributor. It was reported that the contribution rates overall rose compared to 2000, both from employees and from employers; with employer contribution rate being twice as much as the employee contribution.

Average contribution rates to private sector occupational pension in defined contribution schemes in the United Kingdom (UK) from 2000 to 2013, by contributor

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Source

Release date

November 2014

Region

United Kingdom

Survey time period

2000 and 2004 to 2013*

Supplementary notes

*The reference date for 2013 is April. In defined contribution pension scheme the employer, employee or both make regular contributions. Only the employer contributions to the account are guaranteed, not the future benefits, which fluctuate on the basis of investment earnings.

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