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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Partner Insight: Risk settlement - Getting the best outcome in a growing and segmented market

Aon
clock 01 May 2025 • 1 min read
Partner Insight Video: Running on your defined benefit pension scheme

Partner Insight Video: Running on your defined benefit pension scheme

John Harvey, Partner at Aon
clock 30 April 2025 • 1 min read
DB transfer values fall to another record low in March, XPS finds

DB transfer values fall to another record low in March, XPS finds

Consultancy says Transfer Value Index remained below £150,000 throughout Q1 2025

Martin Richmond
clock 28 April 2025 • 2 min read
Trustpilot