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Private DC occupational pension schemes: employee members rate by earnings UK 2013

This timeline displays the distribution of employee members of private sector defined contribution (DC) occupational pension schemes not contracted out within each total contribution rate band in the United Kingdom (UK) in 2013, by gross weekly earnings. Total contribution rates from 0 to over 24% refer to the total of employee and employer contribution rates together. Of those who earned over 600 GBP per week, 31% fell into the contribution rates band from 8% to under 12%.

Distribution of employee members of private sector defined contribution occupational pension schemes not contracted out of the additional state pension in the United Kingdom (UK) in 2013, by gross weekly earnings

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Source

Release date

November 2014

Region

United Kingdom

Survey time period

April 2013

Supplementary notes

The source adds the following information:Where data is not shown: "cells have been suppressed on quality grounds: The quality of an estimate is measured by its CV, which is the ratio of the standard error of an estimate to the estimate. Secondary suppression has also been applied where necessary."

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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