Occupational Pensions

Work and Pensions written question – answered on 22nd October 2008.

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Photo of Chris Grayling Chris Grayling Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Work and Pensions what estimate he has made of the proportion of private sector employers who offered a pension to their employees in each year since 1997 for which figures are available.

Photo of Rosie Winterton Rosie Winterton Minister of State (Regional Affairs) (Yorkshire and the Humber), Minister of State (Department for Work and Pensions) (Pensions Reform) and Minister (Yorkshire and the Humber)

The information is not available in the format requested. Such information as is available is presented as follows:

Percentage of firms with any pension provision
1998 34
2000 29
2003 52
2005 44
Notes:

1. All figures are estimates taken from the Employers' Pension Provision Survey. 2005 is the latest year published. The coverage of the survey is private sector employers in Great Britain.

2. Stakeholder pensions were introduced in April 2001, and from October 2001 employers with five or more employees and no other pension provision were required to provide access to Stakeholder pensions. This is reflected in the increase in employer pension provision between 2000 and 2003.

3. Pension provision includes occupational schemes, Group Personal Pensions, Stakeholder Pensions (including schemes with no members and/or no contributions) and firms that contribute to Personal Pensions.

Source:

DWP Employers' Pension Provision Survey

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