Occupational defined benefit landscape in the UK 2024 annex

Section 1: Number of private schemes

Figure 1.1 Table 1: Distribution of schemes by status

Status	Number of schemes	Percentage of total
A: Open	180	4%
B: CTNM	990	19%
C: CTFA	3,790	73%
D: Winding Up	230	4%
Total	5,190	100%

Figure 1.2 Table 1: Distribution of schemes by status and year, total values

Year	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
2012	830	2,680	2,990	800	7,300
2013	780	2,390	3,200	610	6,980
2014	700	2,210	3,300	440	6,650
2015	460	2,220	3,340	380	6,400
2016	420	2,030	3,430	320	6,200
2017	340	1,900	3,480	250	5,970
2018	310	1,700	3,590	210	5,810
2019	280	1,560	3,660	200	5,700
2020	250	1,430	3,730	190	5,600
2021	230	1,310	3,770	210	5,520
2022	210	1,200	3,760	200	5,370
2023	200	1,080	3,790	220	5,290
2024	180	990	3,790	230	5,190

Figure 1.2 Table 2: Distribution of schemes by status and year, yearly percentage

Year	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
2012	11%	37%	41%	11%	100%
2013	11%	34%	46%	9%	100%
2014	11%	33%	50%	7%	100%
2015	7%	35%	52%	6%	100%
2016	7%	33%	55%	5%	100%
2017	6%	32%	58%	4%	100%
2018	5%	29%	62%	4%	100%
2019	5%	27%	64%	3%	100%
2020	5%	25%	67%	3%	100%
2021	4%	24%	68%	4%	100%
2022	4%	22%	70%	4%	100%
2023	4%	20%	72%	4%	100%
2024	4%	19%	73%	4%	100%

Figure 1.3 Table 1: Distribution of schemes by status and year excluding hybrid schemes, total values

Year	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
2012	750	2,090	2,170	670	5,680
2013	700	1,880	2,380	500	5,460
2014	630	1,780	2,520	360	5,290
2015	390	1,820	2,540	310	5,060
2016	360	1,690	2,690	270	5,010
2017	290	1,610	2,740	220	4,860
2018	260	1,440	2,830	180	4,710
2019	230	1,340	2,980	180	4,730
2020	210	1,240	3,060	170	4,680
2021	200	1,140	3,100	190	4,630
2022	190	1,040	3,130	180	4,540
2023	180	930	3,160	210	4,480
2024	170	850	3,190	200	4,410

Figure 1.3 Table 2: Distribution of schemes by status and year excluding hybrid schemes, yearly percentage

Year	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
2012	13%	37%	38%	12%	100%
2013	13%	34%	44%	9%	100%
2014	12%	34%	48%	7%	100%
2015	8%	36%	50%	6%	100%
2016	7%	34%	54%	5%	100%
2017	6%	33%	56%	5%	100%
2018	5%	31%	60%	4%	100%
2019	5%	28%	63%	4%	100%
2020	5%	26%	65%	4%	100%
2021	4%	25%	67%	4%	100%
2022	4%	23%	69%	4%	100%
2023	4%	21%	71%	5%	100%
2024	4%	19%	72%	5%	100%

Figure 1.4 Table 1: Distribution of schemes by status and membership group, total values

Membership group	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
A: 2 to 99	40	350	1,460	150	2,000
B: 100 to 999	70	420	1,650	60	2,200
C: 1,000 to 4,999	40	130	490	10	670
D: 5,000 to 9,999	20	50	90	10	170
E: 10,000 +	20	50	100	0	170

Figure 1.4 Table 2: Distribution of schemes by status and membership group, yearly percentage

Membership group	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
A: 2 to 99	2%	17%	73%	7%	100%
B: 100 to 999	3%	19%	75%	3%	100%
C: 1,000 to 4,999	6%	20%	72%	2%	100%
D: 5,000 to 9,999	10%	31%	55%	4%	100%
E: 10,000 +	9%	30%	59%	2%	100%

Section 2: Memberships of private schemes

Figure 2.1 Table 1: Distribution of memberships by status

Status	Number of memberships	Percentage of memberships
A: Open	1,119,000	12%
B: CTNM	2,513,000	27%
C: CTFA	5,656,000	60%
D: Winding Up	136,000	1%
Total	9,424,000	100%

Figure 2.2 Table 1: Distribution of memberships by status and year, total values

Year	A: Open	B: CTNM	C: CTFA	D: Winding Up	Total
2012	2,785,000	6,505,000	3,309,000	210,000	12,809,000
2013	2,535,000	5,627,000	4,323,000	200,000	12,685,000
2014	2,319,000	5,421,000	4,459,000	186,000	12,385,000
2015	2,107,000	5,162,000	5,004,000	156,000	12,429,000
2016	1,749,000	5,238,000	4,619,000	181,000	11,787,000
2017	1,449,000	4,733,000	5,093,000	140,000	11,415,000
2018	1,570,000	4,211,000	5,368,000	92,000	11,241,000
2019	1,433,000	3,766,000	5,678,000	60,000	10,937,000
2020	1,567,000	3,406,000	5,588,000	93,000	10,654,000
2021	1,589,000	2,995,000	5,630,000	151,000	10,365,000
2022	1,379,000	2,772,000	5,573,000	72,000	9,796,000
2023	1,217,000	2,654,000	5,644,000	96,000	9,611,000
2024	1,119,000	2,513,000	5,656,000	136,000	9,424,000

Figure 2.2 Table 2: Distribution of memberships by status and year, yearly percentage

Year	A: Open	B: CTNM	C: CTFA	D: Winding up	Total
2012	22%	51%	26%	2%	100%
2013	20%	44%	34%	2%	100%
2014	19%	44%	36%	2%	100%
2015	17%	42%	40%	1%	100%
2016	15%	44%	39%	2%	100%
2017	13%	41%	45%	1%	100%
2018	14%	37%	48%	1%	100%
2019	13%	34%	52%	1%	100%
2020	15%	32%	52%	1%	100%
2021	15%	29%	54%	1%	100%
2022	14%	28%	57%	1%	100%
2023	13%	28%	59%	1%	100%
2024	12%	27%	60%	1%	100%

Figure 2.5 Table 1: Memberships by type and year

Year	Active memberships	Deferred memberships	Pensioner memberships
2012	1,980,000	6,082,000	4,748,000
2013	1,684,000	6,174,000	4,827,000
2014	1,580,000	6,006,000	4,800,000
2015	1,511,000	6,045,000	4,873,000
2016	1,433,000	5,682,000	4,672,000
2017	1,237,000	5,575,000	4,603,000
2018	1,157,000	5,498,000	4,585,000
2019	1,006,000	5,317,000	4,588,000
2020	938,000	5,134,000	4,583,000
2021	844,000	4,995,000	4,526,000
2022	741,000	4,789,000	4,267,000
2023	683,000	4,633,000	4,295,000
2024	661,000	4,437,000	4,325,000

Section 3: Technical provisions funding position

Figure 3.5 Table 1: Estimated technical provisions funding figures as at 31 March 2024 by membership group (excludes schemes winding up)

Status	Assets (£bn)	Technical provisions liabilities (£bn)	Surplus (Deficit) (£bn)
A: 2 to 99	13.639	11.432	2.207
B: 100 to 999	106.189	93.542	12.647
C: 1,000 to 4,999	204.032	176.532	27.501
D: 5,000 to 9,999	151.447	131.767	19.68
E: 10,000 +	752.644	627.011	125.633

Section 4: Public service DB schemes

Figure 4.1 Table 1: Balance of membership types in public service schemes

Membership type	Memberships	Percentage of total
Active	7,395,000	38%
Deferred	6,142,000	32%
Pensioner	5,686,000	30%
Total	19,223,000	100%

Figure 4.2 Table 1: Comparison of balance of membership types – public service and private DB/hybrid

Type	Active	Deferred	Pensioner
Public service	7,395,000	6,142,000	5,686,000
Private sector	661,000	4,437,000	4,325,000
Total	8,056,000	10,579,000	10,011,000

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