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Pension Schemes

Volume 164: debated on Monday 8 January 1990

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To ask the Secretary of State for Social Security what proportion of the working population are investing in occupational or personal pension schemes.

Of those currently in full-time employment, we estimate that over 70 per cent. are members of occupational or personal pension schemes. In addition, some 50 per cent. of all pensioners and 70 per cent. of recently retired pensioners have an occupational pension.