Private sector DB membership drops by 200,000

clock

Active membership in private sector defined benefit schemes declined by 200,000 to 2.4 million in 2009 but remained constant in the public sector, official statistics show.

Figures released by the Office for National Statistics showed nearly 30m people are members of an occupational pension scheme. Figures show 27.7m people are members of occupational pension schem...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Isio launches small to mid-sized DB scheme buyout service

Isio launches small to mid-sized DB scheme buyout service

PenUltimate designed to help schemes overcome ‘operational bottlenecks’ on the journey to buyout

Martin Richmond
clock 27 January 2026 • 2 min read
DB transfer values remain steady in Q4 2025, XPS finds

DB transfer values remain steady in Q4 2025, XPS finds

XPS says Transfer Value Index saw ‘greater stability’ in H2 2025 compared to H1

Martin Richmond
clock 26 January 2026 • 1 min read
Northumbria University staff vote for strike action over pension plans

Northumbria University staff vote for strike action over pension plans

UCU says university’s plans to move staff to USS is ‘attack on long-term retirement security’

Martin Richmond
clock 26 January 2026 • 2 min read
Trustpilot