Bargaining news
Pension membership
The number of workers who belong to occupational pension schemes has continued to grow, following the spread of auto-enrolment to even the smallest firms. However, employer plus employee contribution levels into private sector “defined contribution” (DC) schemes were down to 3.4% from 4.2% in 2016.
These figures, which exclude membership of personal pension schemes, include 8.8 million active members in the private sector (7.7 million in DC schemes) and 6.3 million in public sector schemes.
www.thepensionsregulator.gov.uk/docs/automatic-enrolment-commentary-analysis-2018.pdf