Full-time employee membership of an employer-sponsored pension scheme, by weekly earnings (UK, 2008)
Chapter 7 shows that employees on low earnings are less likely to belong to pension schemes than higher-paid employees. In 2008, the Annual Survey of Hours and Earnings (ASHE) found that for full-time employees in the UK:
• 21 per cent of men and 32 per cent of women with gross weekly earnings of less than £300 were members of an employer-sponsored pension scheme, while
• 76 per cent of men and 82 per cent of women on gross weekly earnings of £600 and over belonged to an employer-sponsored pension scheme.
The General Household Survey (GHS) estimates that in 2007, 53 per cent of full-time male and 58 per cent of full-time female employees in Great Britain were members of employer pension schemes.
The proportion of full-time employees with an employer pension scheme is greater for women than for men in part because there is a higher proportion of women than men employed in the public sector, where participation in employer pension schemes is higher than in the private sector.
Note: There are some definitional differences between sources. In particular, in the GHS employee membership of pension schemes is measured in terms of individuals, while in the ASHE it is measured in terms of jobs. For further details, see Chapter 7.
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